Weekend updates...US market updates...

Dow jones industrial average akin to nifty is in a very crucial spot again...see the attached chart.

Dow is also at a critical stage now as its down to touch the lower trendline of the current uptrend. If it breaks..........world markets may just follow...if it takes support and starts moving up again, 13400 looks like a likely target. As said in my earlier post, monday will be a crucial day of trading. It will dictate if we trade long or short for the next few days or week.