August 19, 2010

Dow Jones futures before opening bell

  • The index on breaking the support went below 10200 as described below.

  • Dow Jones Futures is trading in a falling wedge in its four hour chart.
  • The direction for the next big move will be decided soon. 
  • Breaking of the upper trend line can take the index close to 10600 levels.
  • If the support line breaks Index will go below 10200.

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