Dow Jones Technical Chart and View
Dow Jones :After the fed push above 8800 the index could not sustain those levels and got resisted around the upper trendline. This line needs to be crossed with volumes for a clear direction. As volumes are very low and near to support so next few sessions would be crucial.
On the downside 8250-8300 zone is a support sustaining below which could endanger the chart formation and lead to testing of sub 8k zones.
SO lets see whether a santa rally is in store or a new year cracker.
Best Regards,
Nooresh
09819225396
noorrock2002@gmail.com meraninooresh@yahoo.com
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