Tag Archives: dowjones

The Dow Jones industrial average started trading today with a slightly bullish bias after it managed to build a base on the support floor 30,730/30,720. On the technical side, today we are biased towards the positive, but cautiously, depending on the positive signals coming from the RSI. Therefore, with the …

The Dow Jones Industrial Average declined sharply and rapidly within the negative outlook expected during the previous analysis, surpassing the target of the second downward correction located at 30,590, to reach its lowest level at 30,504. Technically speaking, after the index found a solid resistance level around 30,860, in addition …

The Dow Jones Industrial Average declined significantly on Wall Street within the expected negative outlook, surpassing the target of the second downward correction at 30,775, to post low at 30,694. On the technical side today, after the index found a solid resistance level around 31,020, in addition to the clear …

The Dow Jones Industrial Average found a strong resistance level around 31,080, as the current movements of the index witnessed a steady bearish tendency around its lowest level during the current trading session at a price of 31,020. On the technical side, we tend to the temporary negativity depending on …

We remained neutral during the previous analysis, explaining that the activation of selling positions depends on confirming that the index has broken the support level of 30,870 so that the price heads to visit 30,710 posting low of 30,776. Technically, and with a closer look at the 60-minute chart, we …

Negative trading dominated the Dow Jones Industrial Average on Wall Street after finding a strong resistance level around 31,040/31,070. Technically, there is a contradiction between stochastic concentrating around overbought areas, and negative signals coming from the RSI on short time frames. We are staying on the fence until the more …

Negative trading dominated the Dow Jones Industrial Average on Wall Street, nullifying the positive outlook expected in the previous analysis. Technically, and despite the negativity, we still tend to be positive in our trading, relying on trading stability above 30,665 accompanied by stochastic attempts to get rid of the current …

The Dow Jones Industrial Average continues to achieve records as we expected, heading to touch the first official target required to be touched during the previous trading session at 31,130, recording its highest level of 13,147 during early trading for the current session. On the technical side, and with the …

The Dow Jones Industrial Average jumped yesterday, achieving strong gains on Wall Street, within a positive outlook, as we expected it to surpass the second official target at 30,530, recording its highest level at 30,909. On the technical side today, the daily trend is still up, dependent on stochastic around …

Positive trading dominated the movements of the Dow Jones Industrial Average, recording its highest level 30,396. On the technical side, the intraday movements of the index are witnessing a bullish bias benefiting from the intraday stability above the psychological barrier 30,000 support floor, and we find that the RSI indicator …