Dow Jones Industrial Average - this old economy benchmark is showing signs of revival after having taken support at the 52 week average. Should the index stay above the 10,300 mark, expect the bullishness to continue and the Dow Jones to test the 10460 levels. On the lower side, expect profit taking to take the index down to the 10100 mark in the coming week.

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 index is showing relative under performance as compared to the Dow Jones and faces tremendous congestion at the 2000 levels, which needs to be surpassed on a continous closing basis. Should the upmove be possible, expect resistance at the 2080 and lower support at the 1910 levels.

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

FTSE - This UK benchmark index is showing a flat movement in a narrow sideways movement between the 4325 and the 4500 levels. Unless there is a breakout / breakdown beyond these levels, expect the scrip to remain sideways in the near term.

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