country flagالعربية
0
0

DOW JONES Technical analysis 29 November 2018

2018-11-29 05:34 am | Resource: Technical Analysis | No Views : 271

Time frame Used - four hours
The Dow Jones industrial average30 is moving in a bullish direction in the near term.
DOW JONES CHART
The Purchasing power managed to control the movement of the Dow Jones to break the resistance level 24677 up to the level of 25500.
In view of the technical indicators
Both the RSI and the Stochastic are indicating to the arrival of indicators in the overbought area.
Accordingly, we expect that the Dow jones will retreat to level of 25100.
  The alternative scenario is that the Dow Jones penetrates the 25500 level to a higher target level 25871 again.
Resistance: 25500-25871 - 26000
Support: 25100-24677-24277
Direction: Up
Technical Analysis
Stocks and indices Analysis
Bit coin News


Other news

European shares open lower as traders focus on Brexit

Stocks in Europe's main stock markets opened lower on Monday amid uncertainty over Brexit. Irish Foreign Minister Simon Coffini has warned of "difficult issues" to be resolved before an agreement on a UK withdrawal from the European Union can be reached. On the data, Eurostat was set on a report on the industrial production of the block later in the day. Germany allows Huawei 5G network technology from China In…

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.