Tag Archives: dow

The Dow Jones Industrial Average jumped on Wall Street to achieve historical gains, as we expected, touching the official target 30,000 and approaching a few points difference from the second target 30200, to record its highest level at 30162. On the technical side, and with a closer look at the …

The Dow Jones Industrial Average jumped yesterday, canceling the negative outlook, as we expected it to return to its highest level at 29835. On the technical side, with the return of trading stability above the previously breached resistance level located at 29570, which was accompanied by the persistence of the …

Negative moves dominated the Dow Jones last week, approaching the target of retesting 29110, to hit a low of 29170. Technically, looking at the 60-minute chart, we find that the RSI continues to provide negative signals with the intraday trading stable below 29445/29440. From here, we will maintain negative expectations …

The current moves in the Dow Jones Industrial Average are witnessing a slight bearish bias, as a result of a collision with the resistance level 29480, and consolidate around the low of 29225. Technically, today, we are biased negatively in our intraday trading, depending on the negative signs coming from …

The Dow Jones index tipped positive in the previous session, surpassing the required target of 29830, to hit a high of 29893. Technically, we tend to be positive, depending on the index based above 29180, with the index continuing to receive a positive stimulus from the 50 moving average over …

The movements of the Dow Jones Industrial Average tended to be negative during the previous trading session, seeing that the current moves stabilized below the 29690 level. Technically, looking at the 60-minute chart, the index is still trading steadily above the 29425/29430 support floor, with the RSI stable above its …

The Dow Jones Industrial Average continues to achieve gains, touching goal mentioned in the previous analysis at 29,960, approaching 2nd target of 30,000, reaching a peak at 29,994. Technically, looking at the 60-minute chart, we find the RSI is still providing positive signals, with the stochastic oscillating around overbought areas. …

The Dow Jones Industrial Average opened its first weekly trading on the upside, posting its highest level during the morning session at 29720. Technically, looking at the 60-minute chart, we find the RSI continues to defend the bullish bias in conjunction with the positive signals of the 50-day moving average. …

Negative moves dominate the Dow Jones Industrial Average after it encountered a strong resistance near 29200. Technically, the current movements are witnessing a bearish bias as a result of trading stability below 29220/29215 with negative signs on the RSI indicator on short time frames. Therefore, there is a possibility that …

The Dow Jones Industrial Average maintains its recent gains after successfully establishing a good support floor near the 29060 level. Technically today, we find RSI continues to defend the upside, in addition to building the index price above the aforementioned support level accompanied by the positive stimulus of the 50-day …