Negative 
We said “the market may make another attempt to surpass 11.8-11.9k if remained above 11.3k”. As against this, the Dow created a low of 11340 & did make an attempt but could achieve only 11715.
For the past few weeks, the Dow is failing to surpass the key hurdle area of 11720-11870, (see chart). However at the same time it is being supported near 11.3k area. This standoff is likely to continue in the next few trading sessions, before a final break (above 11.8k or below 11.3k) mostly downward.
We said “the market may make another attempt to surpass 11.8-11.9k if remained above 11.3k”. As against this, the Dow created a low of 11340 & did make an attempt but could achieve only 11715.
For the past few weeks, the Dow is failing to surpass the key hurdle area of 11720-11870, (see chart). However at the same time it is being supported near 11.3k area. This standoff is likely to continue in the next few trading sessions, before a final break (above 11.8k or below 11.3k) mostly downward.
