The Dow Jones index continues to maintain its bullish path, recording its highest level during the previous trading session 33,501. Technically, the intraday trading is stable above the support level 33,270 and in general above the pivotal support floor 33,180, factors supporting the upside, as we find the stochastic indicator …
Read More »Dow Jones: The Positive Scenario Still Intact
Mixed trades dominated the movements of the Dow Jones Industrial Average on Wall Street, posting a high during the last session at 33,044. On the technical side, we tend to be positive, relying on the index’s based above the support level of 32,780 and in general above 32,750, in addition …
Read More »Dow Jones Looking For Additional Momentum
The technical outlook remains unchanged while the Dow Jones Industrial Average attempts to hold onto its recent gains today. Technically speaking, it indicates the possibility of continuing to rise. With a closer look at the 60-minute chart, the RSI indicator continues to defend the upside, and this comes along with …
Read More »Dow Jones: Positivity Remains
Positive trading returned to dominate the movements of the Dow Jones Industrial Average on Wall Street, recording its highest level at 33,131. Technically speaking today, we indicate the possibility of continuing the rise, and with a closer look at the chart at 60-minutes chart, we find the RSI continues to …
Read More »Dow Jones Takes Advantage of Support
The Dow Jones Industrial Average touched the official target station mentioned in the previous analysis, located at a price of 32,020, to record a low of 31,950. Technically, the index found a solid support floor around the aforementioned level, to once again return to the upside rebound, stabilizing around 32,600. …
Read More »Dow Jones Faces Negative Pressure
The movements of the Dow Jones Industrial Average witnessed a slight upward trend during the previous trading session, recording a high of 32,666. On the technical side, and with a closer look at the 60-minute chart, we find the index returned to settle below 32,500 and generally below 32,625, and …
Read More »Dow Jones Touching Descending Targets
The Dow Jones Industrial Average declined significantly during the previous session’s trading on Wall Street, touching the target mentioned in the prevoius analysis, located at a price of 32,300, to record its lowest level at 32,231. On the technical side, today, with the RSI indicator continuing to defend the bearish …
Read More »Dow Jones May Weaken Against Bearish Bias
The current moves in the Dow Jones Industrial Average are witnessing a bearish bias, after finding a strong resistance level that forced it to trade below the support level of 32670. On the technical side, today, we are negatively biased in our trading, relying on the continuation of the RSI’s …
Read More »Dow Jones Faces Temporary Negative Pressure
The Dow Jones industrial average found a strong resistance level around 32,850, after several consecutive sessions of incline, as the current movements of the index witnessed a slight bearish slope due to the stability of intraday trading below 32740. Technically speaking, today indicates the possibility of a temporary bearish bias …
Read More »Dow Jones Towards Positive Side
The Dow Jones Industrial Average jumped on Wall Street to achieve strong gains, registering its highest price during the last session’s trading 33113. On the technical side, the current trading of the index is witnessing a bearish downward slope, as a result of the intraday trading stability below the resistance …
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