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DOW JONES

    DOW JONES: 05-06-2017

DOW JONES: 05-06-2017

Dow Jones is bullish and expected to move towards 21400 and 21785 in the short term.  Dow has support at 20900 and 20668.  Like Dow Jones, Nasdaq is also looks very strong because strong quarterly earnings.  Strong U.S markets despite geo-political tensions will keep world equity markets firm, despite possible

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    DOW JONES: 15- 05-2017

DOW JONES: 15- 05-2017

Dow is looking slightly weak after testing multi –year and it is likely get support at 20848 and 20661.  As the S&P 500 volatility is at all time lows give further boost to DOW, but cautious approach should be taken at higher levels.  Dow Jones has resistances at 20915 and

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    DOW JONES: 01-05-2017

DOW JONES: 01-05-2017

Dow Jones is still giving a firm outlook for the market and having support at 20680 and resistance at 21228.  As the corporate earning numbers beats the street expectation, we can see further upside to DOW.   Image Credits: “Venturelli Luca/Shutterstock.com”

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    DOW JONES: 24-04-2017

DOW JONES: 24-04-2017

Dow Jones is weak ahead of its earning season due to concerns of a possible military action against North Korea.  Dow Jones is having support at 20440 and resistance at 20627 and 20720.  Increased S&P volatility suggests possible bull liquidation.   Image Credits: “Venturelli Luca/Shutterstock.com”

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    DOW JONES: 17-04-2017

DOW JONES: 17-04-2017

DOW JONES Dow Jones Industrial average closed on Thursday at 20453, the weakest closing after Presidential elections in November.  Immediate resistances are at 20653 and 21091.  Minor support lies at 20269, and a decisive move below this can cause further sell off.  So investors should take cautious stand while taking

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    DOW JONES: 10-04-2017

DOW JONES: 10-04-2017

Dow Jones is on a corrective mode with strong support at 20656, lower level support can emerge in the days to come.  If the tension between US and Russia does not escalate then we can see sharp recovery in US markets.  Dow Jones has resistances at 20746 and 21118.56.  

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    DOW JONES: 03-04-2017

DOW JONES: 03-04-2017

Dow Jones Industrial average is on a technical correction mode after hitting multi year highs.  Dow has resistance at 20794 and support at 20529.  Dow Jones is slightly over bought which can trim its early gains in the short term. Despite US market weakness, Nifty can move up further due

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    DOW JONES: 27-03-2017

DOW JONES: 27-03-2017

DOW JONES US pending home sales month on month and year on year, continuous jobless claims, initial jobless claim and GDP growth rate are expected next week.   Consumer confidence, balance of trade, retail sales, inflation rate, industrial production and unemployment rates are due from EURO zone. US markets are also

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    DOW JONES: 19-03-2017

DOW JONES: 19-03-2017

Dow Jones even though it is on the overbought zone, it trading at multi decade high will keep the upward momentum intact.  Dow Jones has resistances at 21065 and 21500.  Support for Dow lines at 20771 and 20690. As the macroeconomic data’s are better than expected it is advisable to

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    DOW JONES: 13-03-2017

DOW JONES: 13-03-2017

DOW Dow is slightly weak due to profit taking by the large fund houses and it is slightly overbought.   Dow has support at 20755 and 20265.  It’s immediate resistance at 21097.   It is prudent to reduce long positions at higher levels due to a possible rate hike in interest rate

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