Dow Jones futures prediction june 25 2012

Dow Jones futures prediction june 25 2012 ; U.S. stocks closed higher Friday, lifting the Nasdaq Composite Index back into the black for the week, after the European Central Bank said it would take further steps to ease loan collateral for banks.

The Dow Jones Industrial Average (US:DJIA) rose 67.21 points, or 0.5%, to 12,640.78. It lost 1% for the week, after posting gains for the past two.

support: - 12600.00, 12577.55 and 12510.16(main), where a delay and correction may happen. Break of the latter will give 12477.30, where correction also can be. Then follows 12452.70. Be there a strong impulse, we shall see 12417.30. Continuation will bring 12403.13 and 12375.00.

resistance: - 12692.77, 12770.14 and 12836.27 (main), where a delay and correction may happen. Break would bring 12875.62, where a correction may happen. Then follows 12916.20, where a delay and correction could also be. Be there a strong impulse, we'd see 12936.50. Continuation would bring 12957.44.

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