Dow Jones Industrial Average - this NYSE index is showing signs of consolidation as the 10,650 levels are proving to be a formidable hurdle for this index. Only above this resistance, will the Dow hit the 10,775 target. On the downside, expect support at the 10,300 levels.

Your call  of  action - Since Indian investors are not allowed to trade in overseas markets, this  is  a  pure academic study.

Nasdaq - this new economy benchmark is also showing signs of consolidation as the 2165 levels are a double top that this index is unable to surpass. The support at lower levels is likely at the 2075 and 2040 levels in the coming week. upside target in a bullish scenario is at the 2210.

Your  call  of  action - Since Indian investors are not allowed to trade in  overseas markets, this is a pure academic study.

FTSE - This UK index is showing an underperformance to the US markets and is unlikely to show strength unless the 4900 levels are surpassed. Support at lower levels will be seen at the 4610 levels and should this be violated, expect a faster slide to 4550 levels.

Your  call  of  action - Since  Indian  investors  are  not  allowed  to  trade in  overseas  markets, this  is  a  pure  academic study.