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DOW JONES: 01-08-2016

DOW JONES: 01-08-2016
July 31
15:19 2016

US markets are also showing minor weakness, but the S&P 500 VIX is still falling and it closed on Friday below 12% showing positive outlook for the markets.  Option writers should take utmost care while writing options, because VIX can increase at any point of time, if so option writers will end up in losses. Dow Jones have supports at 18343 and 18305, the major hurdles for Dow is at 18699, a decisive move above this level can take Dow towards 18800 level.

 

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ALEX MATHEWS

ALEX MATHEWS

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