Dow Jones 2014-10-31

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Dow Jones: 17280

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 U.S GDP yesterday 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 17250 17360
Level 2 17150 17425
Level 3 17000 17550
Short-Term Strategy: flat

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