Wednesday, June 24, 2015

Technical Analysis for Dow Jones 24-6-2015

Technical Analysis for Dow Jones 24-6-2015
Technical Analysis for Dow Jones 24-6-2015

Dow Jones moved yesterday in the average movement of 82 pips, its highest level at 18106 and the lowest Level at 18023 and closed at 18065 to Gain 30 pips, during yesterday’s trading.

Dow opened today's trading at volatile between 18040 and 18077 during the Asian and European session trading at 37 pips for the poor liquidity in the market range.

Dow moves in a series of up impulse waves after breaking the price channel.

We saw yesterday the Dow closed to our target at 18200

It is expected that the oil is heading targeting 17980 to make a little of correction as the target on time frame of four hours and till now we see the Bulls control on market direction

And the Relative Strength Indicator "RSI" show us accumulation operations at the market

Today we could see sharp trading because of the economic data from USA

Support levels: 18023 and 17981 and 17940

Resistance levels: 18106 and 18147 and 18189

 For More Technical Outlook FxStations




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