Technical Analysis for Dow Jones 17-8-2015

Technical Analysis for Dow Jones 17-8-2015

Dow Jones moved last Friday in the average movement of 125 pips, its highest level at 17444 and the lowest Level at 17319 and closed at 17441 to Gain 83 pips during Friday’s trading.

Dow opened today's trading at 17435 volatile between 17408 and 17460 during the Asian session trading at 52 Pips for the poor liquidity in the market range.

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

It is expected that the Dow is heading targeting 17200 again 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: 17358 and 17276 and 17233
Resistance levels: 17483 and 17526 and 17608

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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 27-7-2015

Technical Analysis for Dow Jones 27-7-2015

Dow Jones moved last Friday in the average movement of 238 pips, its highest level at 17709 and the lowest Level at 17471 and closed at 17494 to lose 196 pips during Friday’s trading.

Dow opened today's trading at 17522 volatile between 17500 and 17544 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 17468.

Dow moves in a series of down corrective waves after breaking the parallel price channel.

It is expected that the Dow is heading targeting 17320 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: 17407 and 17320 and 17169

Resistance levels: 17645 and 17796 and 17883

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Technical Analysis for Dow Jones 13-7-2015

Technical Analysis for Dow Jones 13-7-2015

Dow Jones moved last Friday in the average movement of 220 pips, its highest level at 17710 and the lowest Level at 17492 and closed at 17665 to Gain 173 pips during Friday’s trading.

Dow opened today's trading at 17578 and went up to 17816 in the European session.

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

We saw dow-jones achieved our target at 17700

It is expected that the Dow is heading targeting 17840 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 18:00 we are looking for Federal Budget Balance USA.

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

Support levels: 17534 and 17404 and 17316

Resistance levels: 17752 and 17840 and 17970

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