Negative trading dominated the movements of the Dow Jones Industrial Average on Wall Street, canceling the expected positive outlook during the previous analysis, touching the stop losses order published in the previous analysis at 34,230, recording its lowest price at 34,190. On the technical side today, and with a closer …
Read More »Dow Jones Touches Goal And Positivity Remains
The Dow Jones Industrial Average managed to achieve the official target published in the previous report, at 34,540, to record its highest level at 34,554. Technically, by looking at the 60-minute chart, we find that the RSI is stable above the 50 mid-line, and on the 4-hour time frame, Stochastic …
Read More »The Dow Jones Looking For More Momentum
The movements of the Dow Jones Industrial Average witnessed mixed trading at the end of last week’s trading within the expected bearish path, explaining that breaking 34,415 increases the negative pressure to target 34,180, hit a low of 34,310. On the technical side today, the current movements are witnessing a …
Read More »Dow Jones Facing Negative Pressure
Negative trading dominated the movements of the Dow Jones Industrial Average in the New York Stock Exchange within the expected bearish context during the previous analysis, touching the first target that is required to be achieved around 34,380, to record its lowest level at 34,387. On the technical side today, …
Read More »Dow Jones May Have a Temporary Drop
The current movements of the Dow Jones Industrial Average are witnessing a slight bearish tendency, as a result of hitting the resistance level of 34,640. On the technical side today, and with careful consideration on the short time frames, we find that the RSI tends to the negative, in addition …
Read More »Dow Jones Maintains Gains
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 …
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