Dow Jones prepares to attack key resistance – Technical Analysis – 20-11-2015

The Dow Jones Industrial Index Average continued to rise on the intraday and short term basis, dominated by the bullish trend line, trading within a minor ascending channel, amid with the continuation of the positive pressure of the moving average 50, getting continuous positive signals from stochastic.

Therefore, we expect more rise for Dow Jones Index to target 17885 resistance, preparing to attack it, targeting 18196 key resistance.