Monday, August 24, 2015

Technical Outlook For Dow Jones 24-8-2015

Technical Outlook For Dow Jones 24-8-2015
Technical Outlook For Dow Jones 24-8-2015

Dow Jones moved last Friday in the average movement of 509 pips, its highest level at 16938 and the lowest Level at 16429 and closed at 16458 to lose 459 pips during last Friday’s trading.


Dow-Jones opened today's trading at 16385 volatile between 16408 and 15956 during the Asian session trading at 452 pips for the poor liquidity in the market range.

Dow moves in a series of down corrective waves below the trend line.

We saw the pair achieved our target at 17080

It is expected that the Dow is heading targeting 15765 again as the target on time frame of four hours and until now we see the Bears control on market direction

Support levels: 16278, 16099 and 15769
Resistance levels: 16787, 17117 and 17296
More Technical Outlook Fx-stations

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