The Dow Jones Industrial Average , S&P 500 and the NASDAQ Composite indices remained volatile for the second consecutive day. The Dow Jones closed the day marginally lower by 0.04 per cent. The S&P 500 and the NASDAQ Composite indices however managed to close higher. The indices were up 0.4 per cent and 0.66 per cent respectively.

Dow Jones (46,253.31)

The Dow Jones has come down sharply on Wednesday failing to breach the resistance at 46,700. Support for the day will be around 46,000. Immediate resistance at is 46,400. The index has to breach this hurdle in order to go back up to 46,700 again.

On the other hand, if the index declines below 46,000 it will be bearish. In that case, the Dow Jones can fall to 45,500.

Supports: 46,000, 45,000

Resistances: 46,400, 46,700

S&P 500 (6,

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