Smart Review

US Index Still Passionate

22 February 2012 17:22:49 WIB

DOW JONES

 

The movement of Dow Jones index looks still in passionate and on resistance area. Technically, the stochastic indicator is in potentially bearish condition. Any breach of support at 12902 will likely to bring index move down towards support at 12830. Conversely, if index strengthen up and penetrated resistance at 13019 that there is a chance index will move up towards resistance at 13087.

NASDAQ

 

The movement of Nasdaq index in sideways condition. Technically, the stochastic indicator is in bearish condition. Any breach of support at 2588.61 will likely to bring index move down towards the next support at 2574.75. Conversely, if index strengthen up and penetrated resistance at 2601.00 that there is a chance index will move up towards resistance at 2612.47.

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