Dow Jones build base above the correctional level 27-Aug.-2012

Expected trading range for this week is between: 13000 support and 13650 resistance.

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Dow Jones index succeeded to build good support base above the psychological level of 13000 to turn to the upside and resume its bullish trend as shown in the image above, while Stochastic provides us with positive signals support our bullish overview on the intraday and short term basis.Our target now is to attack the 13270 to open the way towards 13650 mainly, while we need to hold above 13000 to protect our expected scenario.Expected trading range for this week is between: 13000 support and 13650 resistance.