Technical Analysis of Indian Equities by Nooresh

Dow Jones technical View !!

Well after a long time posting a view on Dow Jones pure technical ..
Currently Dow is consolidating around 13140 to 13550 zone .... Below 13100 levels expected area where it should consolidate around 12800-12900 which is a very strong support ......
All the credit market fears will subside around 12800-900 levels ....The global concern will be taken care of .... Only below 12800 should one expect trouble but as i have written in my previous long term chart view on DOW jones remains good only ...
The last time i gave a view on DOW about newer highs at 12550 levels ... check out the link below :
Who says US Economy is going to the dogs
said about newer highs in coming mths at 12500 on DOw did 14k
Best Regards,

Article by Nooresh Merani

Nooresh has written 2799 articles.

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