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Tuesday 22 July 2014

US equity market place ended in environmentally friendly on Tuesaday


Market Overview: -
US equity market place ended in environmentally friendly on Tuesaday using S&P 500 hitting another all time high before pulling back slightly. The Dow flower 60 points and it is within spitting length of its document close, which transpired lat week. The Nasdaq moved upwards likewise. With no main data due with Wednesday, market is supposed to move sideways using relatively less volatility.


DOW CHEM CO




Name
Close Price ( $ )
Change %
Herbalife
67.77
25.45
500.com ADS
39.95
12.25
Chipotle Mexican Grill CI
659.77
11.84
CIT Group
48.71
10.83
Polaris Industries
145.52
09.27

BEARS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
New Oriental Education & Technology Group ADS
21.01
13.18
Acorn International ADS
01.95
10.56
Bancorp South
21.51
08.12
Pretium Resources
07.31
07.35
Doral Financial
04.70
06.93


SHARE SUMMARY: -
Dow Chem will be overall in bullish trend and it is sustaining at higher levels on graph and or chart. Traders can buy the stock above the level of $52. 45 the industry near term resistance level for your stock, and if that manages to infringement this level further bullish movement is expected in this particular stock to test the levels of $53. 50.
INFORMATION FORMATION
Stock is within consolidate trend intended for near term as well as price is taking support above the actual trend line using inverse Head as well as Shoulder pattern with daily intraday graph and or chart. Near term infringement of resistance level of $52. 45 will be expected, which would bring about bullish sentiment in the stock to test the levels of $53. 50.
INDICATIONS: -
RSI is buying and selling with positive bias and in MACD signal line is preserving above MACD line and that is indicating bullish sentiment in the stock.

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