Dow Jones 2014-11-04
Dow Jones: 17260
Equity demand
with Equity market managed to obtain drop correction with less than 10% which indicating the sustain of Long-Run uptrend wave
market managed to jump fast in U.S equity after the last U.S GDP which indicating better than expected economic growth in U.S.A.
market managed to hit another historical high at 17350 , while market still holding trades above 17200 support zone
as long as market holding trades above 17200 will expect farther advance toward 17600-700 zone, while below 17200 market may initiate short-run trading zone
Daily Trend: Up
Weekly Trend: Up
Support | Resistence | |
Level 1 | 17200 | 17360 |
Level 2 | 17150 | 17425 |
Level 3 | 17000 | 17550 |