Short Analysis on the DJI

Dow Jones Index: Average daily volumes are on a decline as the index moves higher (refer illustration). What’s next for the index? On the upside, the bears are likely to come out of the woods between 26000 and 27000. Expect resistance. Volumes will need to increase for the current rally to continue. On the downside, the index is likely to see buying interest between 22500 and 23500.