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Dow Jones Futures






5/15/2015 4:31:39 AM

Dow Jones Futures - Technical Analysis: Friday, 15/05/2015 08:31 GMT



After succeeding to breach last year’s recorded top at 18048.00, Dow Jones Index resumes its positive trading to test last month’s high at 18268.00, while it managed to breach the minor descending channel’s resistance, to get positive factor that supports achieving the required breach.

The exponential moving averages 50 and 100 supports the bullish wave from below, to reinforce the continuation of the bullish trend inside the major ascending channel, and stochastic heads upwards to add more support to these positive overview.


Target
Risk


Support
Resistance


Trend Bullish

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