wild/pure technical shot on NASDAQ AND DOWJONES
as dow is in blue sky territory and nasdaq is also on multi year highs,lets see whether we can pick any crucial points on them.
HERE I AM.
NASDAQ:if nasdaq doesn't trade above 2581,then it will come down to 2565 and if it then trades and closes below 2557,then we will see next week good downside in nasdaq.a closing below 2557 in next week,on any day is very cruciual for a good correction in nasdaq.
DOWJONES:if it trades above 13313,then its target is 13360 for today.if it trades below 13290,it will come down to 13230.below this the support lies at 13185 and a closing or trading below 13025 will make dowjones correct next week in a good manner.a trading and closing below 13025 on any day in next week is very crucial for dow jones correction.