We adhered to intraday neutrality during the previous analysis, due to the high-risk rates as a result of conflicting technical signals, explaining that activating the buying positions requires witnessing a clear and strong breach of the resistance level 34,660, and that may enhance the chances of rising towards 34,720 to …
Read More »Dow Jones Awaits New Orders Ahead of US Data
The Dow Jones Industrial Average declined on Wall Street yesterday, nullifying the positive outlook as we expected. We indicated during the previous analysis that activating the bullish scenario depends mainly on the stability of trading above 34,500, and breaking the mentioned level puts the index under negative pressure, targeting 34,420/34,410 …
Read More »Dow Jones Continues to Rising
Positive trades dominated the movements of the Dow Jones Industrial Average, and the index still maintained positive stability, recording its highest level during the previous session, 34,960. On the technical side, the bullish bias is still likely, depending on the indicator’s continued obtaining positive signals from the RSI and its …
Read More »Dow Jones Touches The Target Towards Positive
The Dow Jones Industrial Average jumped on Wall Street within the expected positive outlook, touching the official target to be achieved at 34,650, to record its highest level around 34,824. On the technical side today, the RSI is still providing positive signs, stable above the mid-line 50, supporting Stochastic’s positioning …
Read More »Dow Jones Maintains the Bullish Path And The Positivity Persists
Positive movements continue to dominate the movements of the Dow Jones Industrial Average in the New York Stock Exchange, recording the highest 34,561. On the technical side, today, we tend to be positive in our trading, relying on building the price above 34,40/34,410 support, which is accompanied by the index …
Read More »Dow Jones Maintains a Bullish Path
The Dow Jones Industrial Average managed to achieve noticeable gains within the positive outlook, as we expected, surpassing the official target required to be achieved during the previous analysis at 34,500, to record its highest level during the last session’s trading at 34,616. On the technical side today, with the …
Read More »Dow Jones Maintains a Bullish Path
The Dow Jones Industrial Average continues to rise, maintaining the positive stability above the strong 34,090. On the technical side today, and with a closer look at the 60-minute chart, we find the RSI trying to maintain the bullish momentum, in addition to stochastic concentrating around overbought areas. With intraday …
Read More »Dow Jones Touches The First Goal
Positive moves dominate the movements of the Dow Jones Industrial Average touching the first official target station during the previous report, located at a price of 34,480, to record the highest level at 34,481. On the technical side today, we tend to be positive, relying on the stability of trading …
Read More »Dow Jones Touches The First Goal And Positivity Remains
The Dow Jones Industrial Average touched the first target required to be achieved during the previous analysis, located at 34,345, recording a high of 34,426. On the technical side today, the bullish bias is still likely today, dependent on the RSI’s continued defense of the upside, in addition to stochastic …
Read More »Dow Jones Maintains Positive Stability
The Dow Jones Industrial Average showed a bullish tendency, as we expected, touching the first official target required to be achieved during the previous analysis, which is located around 34,325, to record its highest level at 34,365. On the technical side today, and with a closer look at the 60-minute …
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