30,000 level expected for the DOW JONES INDEX (US30)

We still see a downwards movement in the market for the Dow Jones Index.

It has hit a resistance at around 33580, moving back down to support at around 32373.

A break in support will result in a further fall to around the 31500 range.

Short seller are expect to target the 30,000 range before covering their shorts in my opinion.