Dow Jones, can soon give a bounce back!

I expect a bounce back on Dow jones industrial average very soon as its showing signs of oversold and +ve divergence which may take it back to 12100+ levels, although this bounce will not be very strong and i expect a rangebound to +ve market from here, it may be good for our markets as we need to maintain the current levels to get a bounce back,otherwise will are heading straight to 4400 level on nifty.
Considering that these days DOW JONES is moving our markets and Sensex+Nifty are dancing to the tunes of Dow Jones, we should also see some recovery in coming days.
On the whole short selling is not advised!