Wednesday, January 27, 2010

DJI Daily: Surviving at 10,000 mark


Market has been falling down sharply and trying to defend at 10,000 underline support. Nevertheless, immediate daily technical outlook remains weak and look have room to move down further in near term market. Currently, we are looking for the upside resistance at 10,400 to 10,500. Downside support is lies at 10,000 followed by 9930 levels.