country flagالعربية
0
0

Best Opportunities, Vision and Technical Analysis for The DOW JONES 8 April 2019

2019-04-07 11:35 pm | Resource: Technical Analysis | No Views : 238

We offer you the analysis of the Dow Jones Industrial Average30 on Monday, April 8, 2019, with the most important forecast for the Dow Jones US market.
Time frame Used - four hours
The Dow Jones industrial average is moving in a bullish direction in the near term.
DOW JONES CHART
The Dow jones faced resistance and selling pressure around the 26494 level to reverse by the selling pressure as the bears managed to push the Dow jones lower.
In view of the technical indicators
Both the RSI and the Stochastic are indicating to the arrival of indicators in the overbought area and a negative divergence between the indices and prices.
Accordingly, we expect that the Dow jones will retreat to 26245 – 26112 levels again.
The alternative scenario is that the Dow Jones target level of  26650.
Resistance: 26494 -26650 - 26750
Support: 26245-26112-26000
Direction: Up
Technical Analysis
Stocks and indices Analysis
Bit coin News


Other news

European stocks drop at opening amid trade uncertainty

European markets started trading Wednesday in the red, led by the financial sector after US President Donald Trump failed to ease trade concerns. Speaking in New York, Trump renewed his threat to increase Chinese goods "tariff" significantly if there is no agreement. However, he said the United States and China were "close" to signing the first phase of the trade agreement. During his New York speech, Trump stressed that Beijing…

More news

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any doubts.TradingPekk.com does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.