The Dow Jones Industrial Average suffered strong losses during the previous session’s trading, cancelling the positive outlook, as we expected it to reach its lowest level at 30,455. On the technical side today, and with a closer look at the 60-minute chart, we find that there is a conflict in …
Read More »Dow Jones Maintains Bullish Path
The Dow Jones industrial average maintains positive stability in the New York Stock Exchange, generally stable above the support floor 30,790. On the technical side today, and with a closer look at the chart, the stochastic indicator is still around overbought areas, and the RSI indicator is stable above the …
Read More »Dow Jones Settled Above Support
Positive trading dominated the Dow Jones Industrial Average on Wall Street, to record its highest level during the previous session’s trading at 31,186. Technically, we are positive, and the RSI indicator is still trying to provide positive signals, supported by stochastic around overbought areas. Consequently, with trading above the support …
Read More »Dow Jones Extends Its Gains
The Dow Jones Industrial Average jumped on Wall Street to achieve strong gains again, touching the first official target to be achieved at 31,070, recording its highest price of 31,163 during early trading for the current session. On the technical side today, by looking at the chart, we see the …
Read More »Dow Jones Touches Goals And Eyes on Biden Speech
The Dow Jones Industrial Average succeeded in achieving the positive outlook, as we expected, touching the first target to be achieved yesterday, located at 30,970, to record a high of 30,980. On the technical side, with stochastic remaining close to overbought areas, in addition to the RSI indicator continuing to …
Read More »Dow Jones to The Upside
The Dow Jones industrial average started trading today with a slightly bullish bias after it managed to build a base on the support floor 30,730/30,720. On the technical side, today we are biased towards the positive, but cautiously, depending on the positive signals coming from the RSI. Therefore, with the …
Read More »Dow Jones Sees Further Decline
The Dow Jones Industrial Average declined sharply and rapidly within the negative outlook expected during the previous analysis, surpassing the target of the second downward correction located at 30,590, to reach its lowest level at 30,504. Technically speaking, after the index found a solid resistance level around 30,860, in addition …
Read More »Dow Jones Faces a Negative Scenario
The Dow Jones Industrial Average declined significantly on Wall Street within the expected negative outlook, surpassing the target of the second downward correction at 30,775, to post low at 30,694. On the technical side today, after the index found a solid resistance level around 31,020, in addition to the clear …
Read More »Dow Jones Faces a Temporary Negativity
The Dow Jones Industrial Average found a strong resistance level around 31,080, as the current movements of the index witnessed a steady bearish tendency around its lowest level during the current trading session at a price of 31,020. On the technical side, we tend to the temporary negativity depending on …
Read More »Dow Jones Faces a Temporary Negativity
We remained neutral during the previous analysis, explaining that the activation of selling positions depends on confirming that the index has broken the support level of 30,870 so that the price heads to visit 30,710 posting low of 30,776. Technically, and with a closer look at the 60-minute chart, we …
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