Dow Jones intraday free tips updated on 07th May 2015, Thursday.


DOW JONES 
INDUSTRIAL AVERAGE (DJIA)


Dow Jones Index currently stuck in a range from last few months with no clear direction it is just moving in a zig zag mode, so far we can see from above graph that Dow is coming down from its trend line resistance zone as long as it is trading below its trend line bears will be favored and further round of bullish action can only be seen once Dow closes and holds above its resistance zone as shown in above image.
As per moving average studies, from the last few times Dow is bouncing back from 200 days moving average, this time also index will test its 200 days moving average, if this times index closes and holds below its 200 DMA then intraday we can see action.
Index major trend indicator "MACD" has turned negative if index breaks its support then weakness expecting as per trend indicator. Visit our site for more free intraday tips.

US stock market closes weak on Wednesday  it is mainly driven by the technology sector as world largest software company Microsoft fell more than 2 percent.
The Dow Jones Industrial Average dropper 88.22 points or .48 percent and it was closed at 17,841.98. S&P 500 index too fell down by 9.31 points or .45 percent to end at 2080.15. The Nasdaq Composite Index also fell down by 19.68 points or .40 percent and finished at 4919.64.
Market is now looking ahead on Thursday`s economic calendar which includes weekly job data
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Nasdaq Stocks Chart

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Nasdaq Composite Update - 17- 03 -16

Market Close Report: NASDAQ Composite index closes at 4,774.99 up 11.02 points.

Thursday's session closes with the NASDAQ Composite Index at 4,774.99. The total shares traded for the NASDAQ was over 1.85 billion.

Advancers stocks led declining by 2.17 to 1 ratio. There were 1954 advancers and 901 decliners for the day. On the NASDAQ Stock Exchange 42 stocks reached a 52 week high and 30 reaching lows.

The NASDAQ 100 index closed down -.09% for the day; a total of -3.94 points. The current value is 4,400.26.

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