Dow Jones continues to rise – Technical Analysis – 29-10-2015

The Dow Jones Industrial Average Index continued to gain recently, and the index trades within ascending channel that carries the current trading, supported by the moving average 50, noticing the drain of the overbought signals that appear on stochastic, signaling the strength of the bullish trend.

Therefore, the bullish trend will be expected in the coming periods, targeting 17871 resistance, as long as the index is inside the mentioned ascending channel.