Technical Analysis for Dow Jones 4-8-2015

 Technical Analysis for Dow Jones 4-8-2015

Dow Jones moved yesterday in the average movement of 242 pips, its highest level at 17656 and the lowest Level at 17414 and closed at 17507 to lose 118 pips during yesterday’s trading.

Dow opened today's trading at 17506 volatile between 17470 and 17515 during the Asian session trading at 45 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 American Index achieved our target at 17510

It is expected that the Dow is heading targeting 17420 as the target on time frame of four hours and until now we see the Bears control on market direction

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

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

Support levels: 17395 and 17283 and 17153

Resistance levels: 17637 and 17767 and 17879

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Technical Analysis for Dow Jones 3-8-2015

Technical Analysis for Dow Jones 3-8-2015

Dow Jones moved last Friday in the average movement of 126 pips, its highest level at 17719 and the lowest Level at 17592 and closed at 17611 to lose 56 pips during Friday’s trading.

Dow opened today's trading at 17625 volatile between 17600 and 17644 during the Asian session trading at 44 Pips for the poor liquidity in the market range, and in the European session the dow went down to 17544.

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

It is expected that the Dow is heading targeting 17510 as the target on time frame of four hours and until now we see the Bears control on market direction

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

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

Support levels: 17562 and 17513 and 17435

Resistance levels: 17435 and 17767 and 17816.33

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Technical Analysis for Dow Jones 16-7-2015

Technical Analysis for Dow Jones 16-7-2015

Dow Jones moved yesterday in the average movement of 80 pips, its highest level at 18004 and the lowest Level at 17921 and closed at 17991 to Gain 32 pips during yesterday’s trading.

Dow opened today's trading at 17985 volatile between 17980 and 18025 during the Asian session trading at 45 Pips for the poor liquidity in the market range, and in the European session the dow went up to 18061

Dow moves in a series of up impulse waves after returning to the parallel price channel.

It is expected that the Dow is heading targeting 18110 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 at 14:00 we are looking for Philly Fed Manufacturing Index from USA.

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

Support levels: 17940 and 17889 and 17857

Resistance levels: 18023 and 18055 and 18106

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Technical Outlook for Dow-Jones 2-7-2015

Technical Analysis for Dow-Jones 2-7-2015

dow Jones moved yesterday in the average movement of 195 pips, its highest level at 17713 and the lowest Level at 17522 and closed at 17672 to Gain 152 pips, during yesterday’s trading.

Dow opened today's trading at 17680 volatile between 17645 and 17682 during the Asian session trading at 37 pips for the poor liquidity in the market range, and in the European session the Dow went up to 17712

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

It is expected that the oil is heading targeting 17750 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: 17558 and 17444 and 17367

Resistance levels: 17749 and 17826 and 17940

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