The Dow Jones Industrial Average traded positively on Wall Street during the previous trading session, recording its high at 30,710. On the technical side, today we find the index succeeded in building a base on support floor 30,410 and the most important 30,380, and we find the RSI indicator providing …
Read More »Dow Jones Suffered Heavy Losses
The Dow Jones Industrial Average suffered heavy losses on Wall Street, as we expected the gradual advance to the downside, reaching a low of 29,906. On the technical side, today, with the obvious negative crossover signs on Stochastic, which come in conjunction with the negative signs of the RSI on …
Read More »Dow Jones Settled Below Support
Negative trading dominated the movements of the Dow Jones Industrial Average, with the conclusion of last week’s trading, touching our first awaited target, located at 29,950, recording the lowest price of 29,752. Technically, we tend to be negative in our trading, relying on trading stability below the previously broken support, …
Read More »Dow Jones Struggling to Stop The Decline
The Dow Jones Industrial Average declined significantly during the previous trading session, to cancel the positive outlook and touching the stop-loss order. We indicated that trading below 30,615 is able to completely negate the Bullish Scenario and we may witness a strong bearish tendency, with an initial target around 30,470, …
Read More »Dow Jones Retested Support
Mixed trades dominated the movements of the Dow Jones Industrial Average during the previous trading session, touching the first target to be achieved located at a 30,985, recording its highest price 31,015. On the technical side today, and with a closer look at the 60-minute chart, we find the RSI …
Read More »Dow Jones Suffered Losses
The Dow Jones Industrial Average suffered strong losses during the previous session’s trading, cancelling the positive outlook, as we expected it to reach its lowest level at 30,455. On the technical side today, and with a closer look at the 60-minute chart, we find that there is a conflict in …
Read More »Dow Jones Maintains Bullish Path
The Dow Jones industrial average maintains positive stability in the New York Stock Exchange, generally stable above the support floor 30,790. On the technical side today, and with a closer look at the chart, the stochastic indicator is still around overbought areas, and the RSI indicator is stable above the …
Read More »Dow Jones Settled Above Support
Positive trading dominated the Dow Jones Industrial Average on Wall Street, to record its highest level during the previous session’s trading at 31,186. Technically, we are positive, and the RSI indicator is still trying to provide positive signals, supported by stochastic around overbought areas. Consequently, with trading above the support …
Read More »Dow Jones Extends Its Gains
The Dow Jones Industrial Average jumped on Wall Street to achieve strong gains again, touching the first official target to be achieved at 31,070, recording its highest price of 31,163 during early trading for the current session. On the technical side today, by looking at the chart, we see the …
Read More »Dow Jones Touches Goals And Eyes on Biden Speech
The Dow Jones Industrial Average succeeded in achieving the positive outlook, as we expected, touching the first target to be achieved yesterday, located at 30,970, to record a high of 30,980. On the technical side, with stochastic remaining close to overbought areas, in addition to the RSI indicator continuing to …
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