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| Technical Outlook For Dow-Jones 31-8-2015 |
Dow-Jones moved last Friday in the average movement of 217 pips, its highest level at 16681 and the lowest Level at 16464 and closed at 16655 to gain 9 pips during last Friday’s trading.
Dow opened today's trading at 16446 volatile between 16520 and 16428 at 92 Pips for the poor liquidity in the market range.
Dow moves in a series of down corrective waves after breaking channel.
We saw the pair achieved our target at 16430
It is expected that the Dow is heading targeting 16276 again as the target on time frame of four hours and until now we see the bulls control on market direction.
And the Relative Strength Indicator "RSI" show us accumulation operations at the market.
Support levels: 16519, 16383 and 16302
Resistance levels: 16736, 16817 and 16953
More Technical Outlook FxStations
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