Dow Jones For 10-29-2014

We have technical resistance at the 17200 area and we need a closing above 17160 to hint at further higher highs.

DJIND-D 10-29-2014

We really need to see a closing in the Dow above 17010 to imply we will see perhaps further upside. However, we have technical resistance at the 17200 area  and we need a closing ABOVE 17160 to hint at further higher highs.

We still see next week are critical so hold on to you hat, we may be in for a rise if we see a high form on Thursday. A closing today below 17032 will keep the market a bit contained whereas a closing BELOW 16932 will see it back off first then retest the resistance for Thursday.

Disclosure:

None.

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