Dow Jones 2014-11-19

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Dow Jones: 17640

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 jump above resistance 17440 2 weeks ago, which sending signals of ability to sustain advance toward up

short-run indicators showing that as long as market holding trades above 17200 target will sustain toward 17600 (already done) , 17700 (already done) and 17850

first support at 17480

Daily Trend: Up
Weekly Trend: Up

  Support Resistence
Level 1 17480 17700
Level 2 17435 17780
Level 3 17200 17850
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