The Dow Jones Industrial Average, S&P 500 and the NASDAQ Composite indices resumed their upmove after a brief pause in the week earlier. All the three indices were up over a per cent each. The US Government shutting down did not have any major impact on the equity markets.

Here is an analysis on how the US markets can perform in the coming week:

Dow Jones (46,758.28)

The Dow Jones broke the resistance at 46,800 on Friday but did not sustain. It touched a high of 47,049.64 and then has come off from there. Crucial resistance is in the 46,900-47,000 region. A decisive break above 47,000 is needed now to keep the uptrend alive. Only then the upside will open up for a further rally to 49,000-50,000 from here itself.

Failure to breach 47,000 will keep the index under pressure. In that case,

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