Tag Archives: dow

The Dow Jones Industrial Average managed to achieve the bearish targets published in the previous analysis located at 28,000, and reached a low of 27,893. Technically, we tend to be negative given the negative signs from Stochastic with the loss of momentum on the RSI indicator. As long as trading …

Negative trading dominated the Dow Jones Industrial Average during the US session, recording its lowest price at 28045. Technically, we tend to be negative in intraday trading, depending on trading stability below the resistance level 28440 in addition to the clear negative signs on the RSI. Therefore, a bearish bias …

The Dow Jones Industrial Average declined significantly during the previous session within the bearish path expected in the previous analysis, touching the first target at 28370, posting a low at 28024. Technically, we are biased towards the negativity, given that trading remains intact below the broken support-into-resistance at 28330 with …

Positive trading dominated the movements of the Dow Jones Industrial Average, nullifying the negative outlook as we expected, we indicated during the previous analysis that the breach of 28550 is capable of negating the bearish scenario, and the index returns to trade positively, heading towards 28740, to post high at …

The Dow Jones Industrial Average managed to achieve the targets required to be reached in the previous analysis at 28030, posting a low of 28038. Technically, by looking at the 60-minute chart, we find that the 50-day moving average is pressing the price from the top, with the stochastic gradually …

The Dow Jones Industrial Average declined significantly during the previous session’s trading, negating the positive outlook. As we expected, as a reminder, we indicated that returning to trading again below the support level of 28550 will immediately stop the daily bullish trend, and witnessing negative trades targeting 28325, posting low …

The Dow Jones turned negative after finding a strong resistance level near 28780. Technically, despite the bearish tendency, we find the index is intraday above 28460, with the RSI trying to provide positive signals. We believe that the daily trend is still bullish, but in condition of the breach of …

The Dow Jones Industrial Average continues posting gains, touching the first target mentioned in the previous analysis at 28740, posting a high of 28,843. Technically speaking, looking at the 60-minute chart, we find that the index continues to get a positive sign from the 50 SMA, which continues to hold …

Dow Jones Industrial was able to touch the target level mentioned in the previous report at 28680, posting a high at 28596. Technically, SMA 50 hold the price and the RSI continues to get positive signals on short intervals. From here, by steadily trading above the previously breached resistance-into-support 28370, …

Positive trading dominated the Dow Jones Industrial Average, to record its highest level at 28485. Technically, we see that the index closed its trading above the support level of 28200 with the positive motive of the 50-day moving average in conjunction with positive signs from the RSI. As long as …