Dowjones Futures was in good uptrend last week and the trend seems to he halted for last 2 days. On day chart the index has formed an "Double Top Pattern" the key reversal signal. Dow Future likely to fall further in coming days. The target for downside are7106-6978-6861-6705. The index will be strong if breaches the Double top ( 7513 ) and the resistance are 7583-7846.
Dowjones Futures Chart Update : Dowjones Looking Weak
Dowjones Futures was in good uptrend last week and the trend seems to he halted for last 2 days. On day chart the index has formed an "Double Top Pattern" the key reversal signal. Dow Future likely to fall further in coming days. The target for downside are7106-6978-6861-6705. The index will be strong if breaches the Double top ( 7513 ) and the resistance are 7583-7846.