Tag Archives: dowjones

Mixed trades dominated the movements of the Dow Jones Industrial Average in the New York Stock Exchange with the first trading of this week, to find a good support floor around 34,090, to witness the current moves, an upward slope, targeting a re-test of 34,370. On the technical side today, …

The Dow Jones index started its daily trading with a bullish tendency, after several successive sessions of retreating to record its lowest level during the previous trading session 33,201. On the technical side, the index movements are witnessing a bullish tendency, benefiting from building a base on the support level …

We committed to the intraday neutrality during the previous analysis due to the high level of risks of trading in the Dow Jones Industrial Average, a bearish tendency, indicating that in the event that 34,490 breaks are confirmed, we may witness a bearish bias targeting 34,410, to record the index …

The Dow Jones Industrial Average managed to achieve new political figures, as we expected, touching the official target required to be achieved during the previous session, at 34,950, to record a high of 35,000. On the technical side, the current trading is witnessing a bearish tendency, and this is a …

The Dow Jones Industrial Average jumped to achieve record gains within the expected positive outlook, in which we targeted 34,690 levels, to record a high of 34,721. On the technical side, the RSI indicator continues to defend the upside, in addition to stochastic concentrating around overbought areas. With the stability …

The Dow Jones Industrial Average was able to achieve the official target required to be touched during the previous analysis, located at 34,330, to record its highest level at 34,453. On the technical side, today we find the 50-day moving average continues to provide a positive motive, accompanied by the …

The Dow Jones Industrial Average traded positively during the previous trading session, benefiting from the return of the price base above the support level of 34,050, and in general above 33,950. On the technical side today, and with a closer look at the 60-minute chart , the bullish scenario is …

The Dow Jones Industrial Average retreated significantly during the previous trading session, nullifying the positive outlook and touching stop-loss published in the previous analysis at the price of 33,860. As a reminder, we indicated that any attempts to break the aforementioned level will stop the bullish tendency and put the …

The Dow Jones Industrial Average was able to achieve our bullish targets published in the previous analysis, touching the first target located at 34,040/34,050 and approaching a few points difference from the second target 34,150, to record its highest level at 34,120. On the technical side today, and with a …

The Dow Jones Industrial Average managed to build a base on the support level of 33,660, which forced it to rebound again, to re-test 33,920. Technically, we are biased towards the positivity depending on the RSI’s continued defense of the bullish bias and its stability above the 50 midline. Thus, …