Dow jones futures prediction may 15 2012

Dow jones futures prediction may 15 2012 : US stocks fell on Monday as investors dealt with the one-two punch of worsening political upheaval in the euro zone and the possibility that China's economy may be softening more than previously thought.

The S&P 500 finished lower for the fourth day of five to close at its lowest level since February, adding fuel to worries of a coming market correction.


The Dow Jones industrial average dropped 125.25 points, or 0.98%, to close at 12,695.35. The Standard & Poor's 500 Index lost 15.04 points, or 1.11%, to 1,338.35. The Nasdaq Composite Index fell 31.24 points, or 1.06%, to 2,902.58.

Today's support: - 12633.76 and 12602.63(main), where a delay and correction may happen. Break of the latter will give 12578.10, where correction also can be. Then follows 12553.60. Be there a strong impulse, we shall see 12528.87. Continuation will bring 12504.37 and 12486.50.

Today's resistance: - 12823.35(main), where a delay and correction may happen. Break would bring 12858.72, where a correction may happen. Then follows 12915.00, where a delay and correction could also be. Be there a strong impulse, we'd see 12937.40. Continuation would bring 12967.36.

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