The Dow Jones Industrial Average declined significantly during the previous trading session within the expected bearish path mentioned in the previous analysis, touching the official target station at 33,780, recording its lowest price 33,570. On the technical side, we notice that there is a clear breach of the support level …
Read More »Dow Jones May See a Temporary Decline
Negative trades dominated the Dow Jones Industrial Average on Wall Street during the previous trading session, to settle for recording its highest level around the 34,050 resistance level. On the technical side, today we find negative signs appearing on Stochastic, accompanied by negative signs coming from the RSI. From here, …
Read More »Dow Jones Continues to Achieve Our Bullish Goals
A noticeable push for the Dow Jones Industrial Average, as we expected during the last analysis, touching the official target station located at the price of 34,140, recording the highest of 34,141. On the technical side today, we tend to be positive, depending on the price intraday above 34,000 and …
Read More »Dow Jones Maintains a Bullish Path
Positive trading returned to dominate the movements of the Dow Jones Industrial Average at the New York Stock Exchange after it succeeded in surpassing the resistance level of 33,800, indicating that this would immediately stop the bearish tendency and lead the index to the official bullish path with an initial …
Read More »Dow Jones May Have a Temporary Fall
The Dow Jones Industrial Average touched the first target required to be achieved during the previous analysis, at 33,710, recording a high of 33,797. On the technical side today, we believe that there is a possibility of a negative bias during the coming hours, depending on the negative signs that …
Read More »Dow Jones Maintains a Bullish Path
The Dow Jones Industrial Average touched our first target required to be achieved during the previous trading session, located at 33,680, approaching a few points difference from the second target 33,740, recording the highest of 33,720. On the technical side, the RSI indicator is trying to hold onto the bullish …
Read More »Dow Jones Maintains a Bullish Path
The Dow Jones index maintains positive stability, recording its highest level during the previous trading session, 33,670 benefiting from an intraday consolidation on the support floor of 33,560. Technically, we tend to be positive, relying on the RSI to continue providing positive signals on short intervals, which come as the …
Read More »Dow Jones Extends Gains
Positive trading dominated the movements of the Dow Jones Industrial Average on Wall Street, surpassing the first target required to be achieved in the previous analysis, 33,615, to record a high of 33,690. Technically, Stochastic continues to be concentrated around overbought areas, coinciding with the RSI indicator continuing to defend …
Read More »Dow Jones Stable Above Support
The Dow Jones Industrial Average maintains positive stability touching the first target to be achieved, at 33,445, recording its highest price of 33,471. On the technical side, the RSI indicator continues to get positive signs, and this comes in conjunction with the stochastic concentration around overbought areas. From here, intraday …
Read More »Dow Jones Stable Above Support
A bullish bias continues to dominate the moves of the Dow Jones Industrial Average, to succeed in reaching its highest price during the previous trading session at 33,430. On the technical side today, the index’s movements are still stable above 33,255/33,250 accompanied by the stability of the RSI indicator above …
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