Global market indices - weekly feature - March 13, 2005

 

Indices - international

Dow Jones Industrial Average - as advocated last week, the Dow is unable to sustain it's 3 1/2 year high levels and has reacted lower. The 10660 levels will be the minor support and the resistance on the upside will continue at the 10975 - 11000.

Dow Jones - Weekly chart

Your call  of  action - This is a pure academic study.

Nasdaq - the Nasdaq is showing higher weakness than the Dow Jones and is likely to test the 2015 - 2020 levels below which the weakness is likely to accelerate. The upsides are limited to the 2180 - 2190 levels.

Nasdaq - Weekly chart

Your  call  of  action - This is a pure academic study.

FTSE - this UK index is likely to test the 4875 - 4885 levels if the weakness continues and the upsides are likely to be limited to the 5145 - 5160 in the coming fortnight.

FTSE - Weekly chart

Your  call  of  action - This is a pure academic study.

Your feedback is important ! Please click here to let us know your views. Click here to inform a friend about this page on our website.

 


Return  home     Go back to previous page This  page  best  viewed  with  I.E.  4.0  or  betterTop