{"id":35732,"date":"2020-10-20T11:58:52","date_gmt":"2020-10-20T07:58:52","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=35732"},"modified":"2020-10-20T11:58:57","modified_gmt":"2020-10-20T07:58:57","slug":"dow-jones-remains-negative","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/dow-jones-remains-negative\/10\/20\/tech-analysis\/","title":{"rendered":"Dow Jones Remains Negative"},"content":{"rendered":"\n<p>The Dow Jones Industrial Average declined significantly during the previous session within the bearish path expected in the previous analysis, touching the first target at 28370, posting a low at 28024.<\/p>\n\n\n\n<p>Technically, we are biased towards the negativity, given that trading remains intact below the broken support-into-resistance at 28330 with negative pressure for the 50-day moving average.<\/p>\n\n\n\n<p>Consequently, we will maintain our negative expectations, knowing that breaking 28140 facilitates the mission required to visit 27890 and losses may extend later towards 27340.<\/p>\n\n\n\n<p>Only from the top, surpassing the resistance level at 28330 is able to negate the bearish scenario, and the index regains recovery with an initial target of 28530. Warning: The risk level may be high.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>S1:\u00a0<strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>27890<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td><td><strong>R1: <strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>28535 \u00a0\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td><\/tr><tr><td><strong>S2:<\/strong>\u00a0<strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>27635<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td><td><strong>R2:<\/strong>\u00a0<strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>28920\u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td><\/tr><tr><td><strong>S3:\u00a0<strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>27250\u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td><td><strong>R3: <strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>29175 \u00a0\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average declined significantly during the previous session within the bearish path expected in the previous analysis, touching the first target at 28370, posting a low at 28024. Technically, we are biased towards the negativity, given that trading remains intact below the broken support-into-resistance at 28330 with negative pressure for the 50-day &hellip;<\/p>\n","protected":false},"author":9,"featured_media":35738,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[42,41],"tags":[7222,7192,6882,7193,7227],"class_list":["post-35732","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-tech-analysis","category-tech-analysis","tag-analysis","tag-dow","tag-forex","tag-jones","tag-technical"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=35732"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35732\/revisions"}],"predecessor-version":[{"id":35739,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35732\/revisions\/35739"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/35738"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=35732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=35732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=35732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}