dow jones weekly technical report for 9 to 13 may 2016

dow jones weekly technical report for 9 to 13 may 2016 Dow jones index this week closed with loss. This will be second losing week for this major index.   This week we saw lows up to 17520 my first tgt was 17400.   For next week, Dow jones below 17825 remain weak and sell on rise. On downside 17400 will be my first tgt and below it next tgt will be 17020.   From long term perspective, Dow jones major support area is 16850.   Weekly closing below it means fresh bear market with price tgts 15300 and 13200.

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