Saturday, March 9, 2013

Dow Jones forecast for coming week ended 15th March, 2013.

Finally Dow breaks 14000 level though in later it is getting resistance at 14400. So now a small corrective move may not be ruled out and that is expected at around 14200 ranges. I will think about big correction when Dow will be breaking 13800 ranges but in this moment I am not looking for a big correction rather I will be emphasizing on breaking 14400 level in the upside. If we follow the recent trend then Dow has the possibility to test around 14600 range but it is hard to say that whether it will face a small correction before that or will show couple of flat moves at around 14400 ranges.

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