The Dow Jones Industrial Average jumped at the beginning of this week’s trading within a bullish path, as we expected a gradual approach to the required target 30,270, recording its highest level during early trading for the current session 30,213. On the technical side, with the RSI indicator continuing to …
Read More »Dow Jones Re-testing Support
The Dow Jones Industrial Average found a strong resistance level around 30,160, which was able to limit the upside temporarily, as the current moves are witnessing a slight bearish slope around its lowest level during the session 29,950. On the technical side, and with a closer look at the 60-minute …
Read More »Dow Jones Settled Above Support
Positive trading dominated the movements of the Dow Jones Industrial Average after it succeeded in breaching the resistance level at 30,270, posting a high of 30,307. On the technical side, the current movements on short time intervals are witnessing a bearish tendency, as a result of the price stabilizing below …
Read More »Dow Jones Touches Goal And Remains on The Positive Side
The Dow Jones Industrial Average jumped on Wall Street touching our official target to be achieved in the last analysis, which is located at a price of 30,260, reaching its highest level at 30,271. On the technical side, and by looking at the 60-minute chart, we find the RSI continues …
Read More »Dow Jones May Face a Temporary Bearish Bias
The Dow Jones index found a strong resistance level around 30,150, as we indicated yesterday that it is an important and essential condition for achieving further upside. On the technical side, and with a closer look at the 60-minute chart, we find negative signs appearing on Stochastic, temporarily losing bullish …
Read More »Dow Jones Maintains Gains
The positive moves continued to dominate the Dow Jones Industrial Average, as we expected, surpassing the required target mentioned in the previous report, located at 30,200, recording its highest at 30,263. On the technical side, with the index price above the previously breached resistance-into-support 30,000, in addition to the index …
Read More »Dow Jones Maintains Gains
The positive moves continued to dominate the Dow Jones Industrial Average, as we expected, surpassing the required target mentioned in the previous report, located at 30,200, recording its highest at 30,263. On the technical side, with the index price above the previously breached resistance-into-support 30,000, in addition to the index …
Read More »Dow Jones Continues to Climb Ahead of the US Data
Positive trading dominated the moves of the Dow Jones Industrial Average within the expected upward path, surpassing the second target required to be achieved at 30,050, posting a high of 30,089. Technically, The index continues to obtain a positive stimulus from the 50-day moving average, in addition to stochastic around …
Read More »Dow Jones Maintains The Bullish Path
The Dow Jones Industrial Average maintains the gradual upward trend, approaching the first target mentioned in the previous report, located at 29,960, recording its highest levels at 29,937. On the technical side, with the index consolidating above the 29,730/29,710 support floor, accompanied by positive signs of RSI. Therefore, we maintain …
Read More »Dow Jones Continues to Attack on The Resistance
The Dow Jones Industrial Average touched the first target to be achieved in the previous trading session at 30,045, reaching a high of 30,054. Technically, looking at the 60-minute chart, we find that the RSI indicator continues to defend the upside until the stochastic is positioned around overbought areas. Therefore, …
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