As of October 10th, US stock indices are trading in the red zone.
In particular:
· Dow Jones Industrial Average: - 0,30% down to 13433,62.
· Standard & Poor's 500: - 0,18% down to 1438,92.
· Nasdaq Composite: - 0,12% down to 3061,34.
Investors abstain from going bullish in advance of quarterly reports for the previous quarter. European and Asian markets closed in the red zone as well.
The chart below, courtesy of , reflects the current state of affairs in the market of Dow Jones Industrial Average:
The price is still forming a downtrend. The closest level of support is 13366. The closest level of resistance is located at 13609.
