dow jones prediction july 9 2012

dow jones prediction july 9 2012 : On Friday, the U.S. Bureau of Labor Statistics reported the economy added a net 80,000 nonfarm payrolls in June, below market forecasts for a gain of around 90,000. Dow Jones Industrial Average futures were down 0.11% while the S&P 500 futures were down 0.17%.

Asian stocks fell on Monday on poor jobs data out of the U.S., a key export market. Weak machinery orders out of Japan and lower-than-expected inflation rates out of China sent stocks falling as well.

During Asian trading on Monday, Hong Kong's Hang Seng Index was down 0.53%, Australia's S&P/ASX200 was down 0.74%, while Japan’s Nikkei 225 Index was down 0.87%.

Dow Jones Recommended Levels july 9 2012
Today's support: - 12765.70 and 12690.24(main), where a delay and correction may happen. Break of the latter will give 12658.20, where correction also can be. Then follows 12611.31. Be there a strong impulse, we shall see 12579.40. Continuation will bring 12532.90 and 2452.70.

Today's resistance: - 12957.44(main), where a delay and correction may happen. Break would bring 12971.20, where a correction may happen. Then follows 12980.30, where a delay and correction could also be. Be there a strong impulse, we'd see 13008.60. Continuation would bring 13047.38

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