Dow Jones Prediction may 25 2012

Dow Jones futures Prediction may 25 2012 : U.S. stocks closed mixed Thursday as the Dow Jones Industrial Average gained 34 points to 12530, the Standard & Poor's 500-stock index gained 1.8 points to 1321 and the Nasdaq Composite fell 11 points to 2839.

Data on initial claims for jobless benefits in the latest week will be released at 8:30 a.m. EDT. The median estimate of economists surveyed by Dow Jones Newswires is for claims of 370,000, or unchanged from last week. Also at 8:30 a.m. EDT, industrial production in April is expected to decline 0.3%.

Today's support:
12452.72, 12375.80, 12341.22 and 12318.72(main), where a delay and correction may happen. Break of the latter will give 12301.80, where correction also can be. Then follows 12276.50. Be there a strong impulse, we shall see 12252.30. Continuation will bring 12400.00.

Today's resistance:
12532.50, 12557.77, 12610.20 and 12656.06(main), where a delay and correction may happen. Break would bring 12682.24, where a correction may happen. Then follows 12743.80, where a delay and correction could also be. Be there a strong impulse, we'd see 12791.20. Continuation would bring 12823.35.

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