Dow Jones 30 Forecast November 12, 2015, Technical Analysis

The Dow Jones 30 did almost nothing during the course of the session on Wednesday, as we continue to see stagnation. However, the 17,700 level below is supportive, and as a result we would anticipate that a bounce should be coming. We think that the 10,500 level below there is massively supportive as well, so at this point in time we have no interest in selling. We believe stock markets in general are going to go higher as central banks around the world continue to flood the markets with liquidity at the moment.