Dow Jones Industrial Average - this NYSE old economy index has risen on lower volumes, primarily due to easing oil prices. The channel top and the 30 week SMA remain the formidable hurdles which the index needs to surpass. That makes the upsides limited to the 10150 - 10175 in the coming week, beyond which the bulls may come back. On the lower side, watch the 9845 levels.

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

Nasdaq - the technology / biotech laden index is showing higher relative strength as compared to the Dow Jones and is above the channel top. The oscillators are showing a bullish undertone and the index may test the recent top at the 2040 levels if the index remains above the 2000 mark. On the lower side, expect the 1895 to be a support

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

FTSE - This index is showing a sideways movement and short term support exists at the 4500 levels. Upsides will be capped at the 4765 in the coming week. Beyond these levels, take a fresh look on the indices.

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