country flagالعربية
0

DOW JONES Technical analysis 15 October 2018

2018-10-14 10:05 pm | Resource: Technical Analysis | No Views : 132

Time frame Used - four hours
The Dow Jones industrial average 30  is moving in a bearish direction in the near term
DOW JONES CHART
The sell-off managed to control the movement of the Dow Jones to retreat down by violent selling pressure to level of  24964
In view of the technical indicators
Both the RSI and the Stochastic are indicating to the recovery of indicators
Accordingly, we expect that the Dow Jones will test the 25601 level again
  The alternative scenario is that the Dow Jones decline to level of 24964 again
Resistance: 25601-25741 - 25951
Support: 25174 - 24964 - 24850
Direction: Down
Technical Analysis
Stocks and indices Analysis
Bitcoin News


Other news

Wall Street fell as US private sector activity fell in March

 Dow Jones Industrial Average was down 1.08% or 282 points at 16:59 GMT with the release of private sector activity, housing and wholesale inventories. Meanwhile, Nike shares fell after the company reported its third-quarter profit after the bell yesterday, showing weaker sales growth in North America. US private sector activity fell in March IHS Markit said in a statement released on Friday that the composite output index in the United…

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.