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Best Opportunities, Vision and Technical Analysis for The DOW JONES 11 April 2019

2019-04-11 09:14 am | Resource: Technical Analysis | No Views : 136

We offer you the analysis of the Dow Jones Industrial Average30 on Thursday, April 11, 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 bearish direction in the near term.
dow jones chart
The Dow jones continues to hold above the support level of  26112 as the Dow Jones Index fell by the selling pressure to 26112.
In view of the technical indicators
Both the RSI and the Stochastic are indicating to the arrival of the indicator to the oversold area.
Accordingly, we expect that the Dow jones will test 26245-26334 levels  again.
The alternative scenario is that the Dow Jones extend below 26112 to test the 26000-25900 levels.
Resistance: 26245 -26334 - 26494
Support: 26112-26000-25900
Direction: down
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