Dow Jones index has finally broke the ascending trend line two weeks ago. Currently the index is trading below the 50-days MA and also formed a lower low indicate a trend change is likely to happen and will be confirm when a lower high is formed. The immediate support can be found at 12600 which is the 100-days MA and 12140 (200-days MA).
The US Dollar index is currently moving side way and formed a symmetrical triangle pattern, watch out for the breakout and it will affect some commodities price. The breakout target price to the upside is at 83.5 and to the downside is 75.0.
