DOW JONES Daily Forecast Sept 05 2014

Outlook in DOW JONES  index remains on the upside as long as support 17000  holds on a daily closing basis , resistance comes at the 17275  levels , a halt is likely , but a break would open 17565 next , further upside will aim the 17888  levels..

On the downside , support comes at the 17000 levels , losing this level will turn outlook neutral for retesting the 16740/16535  levels before the next rise…

In all, as long as support 17000  holds on a daily closing basis , outlook in DOW JONES  index remains on the upside towards the 17275  levels ahead of the 17565  levels, below the 17000  would delay the bullish move for retesting the  16740/16535  levels before the next rise…

 

DOW JONES Daily Forecast Sept 05 2014

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