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 …
Read More »Dow Jones Trying to Build on Support Again
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, …
Read More »Dow Jones Tries to Build on Support
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 …
Read More »Dow Jones Facing Profit-Taking
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 …
Read More »Dow Jones is Attacking 35,000 Level And Risks Are High
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 …
Read More »Dow Jones Continues to Achieve Records
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 …
Read More »Dow Jones Flying High Ahead of Jobs Data
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 …
Read More »Dow Jones Repeatedly Attempts to Rise
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 …
Read More »Dow Jones Breaks The Support And Negativity Scenario Remains
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 …
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