US SOYBEANS
Commodity witnessing strong selling pressure form its trend line resistance, technical indicates as long as it holds below bears will be favored and further selling can be seen in coming days.
On down side it will find strong trend line support at its previous bottom once it closes and holds below then further bear rally can be seen. Close Watch.
JPY USD
JPY USD currency has formed descending triangle pattern in daily chart and it is also trading below 100 days moving average, as long as it holds below 100 DMA bears will be favored and further selling expecting once it breaks its triangle pattern. Visit our website for USDINR technical analysis for free.
DOW JONES
INDUSTRIAL AVERAGE (DJIA)
Dow Index moving up from strong 200 DMA and now finding strong trend line resistance, once it closes above its previous top then further strength expecting in Dow Index and in US stock markets. MACD moving in positive zone this will favor bulls. Visit link for more US stock market forecast 2015.
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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