Dow Jones Latest

Break prior low with extraordinary high vol. This is a serious warning to all traders who are still holding on to long positions. Both long term downtrend line and short term channel line intact. Index is expected to oscillate within the short-term downtrend channel. Any breakup of the channel will be capped by the longer-term downtrend line. Bearish view. Traders with Short position, congrats, action starting soon. Trade with care and discipline.

Kepland

High vol with upward price movement near key support area hint of very strong support . Price action not likely to break low of $1.28 in near future. Buy on dip. If price retreats below recent low with changes in key macro-economic condition, exit at all cost.

Trade with care bearing in mind overall macro picture or key indices movement.

Capland

Short-term wise, price seems to have found some support at this level. Upside price movement likely. Price breakup from downtrend channel and RSI cuts up above 30% line. Buy on dip. Cut lost if price cuts below $2.35 with strong volume. Go short if price action plunge below $2.28.

Happy trading.

SembMarine

As explained in the chart.

If price action breaks below $1.54, could head down to test $1.36. If $1.36 fails, could retest multi year low of $1.15. Happy Trading.