Breaking News

Dow Jones Futures

3/24/2017 3:40:42 AM

Dow Jones Futures - Technical Analysis: Friday, 24/03/2017 07:40 GMT

Dow Jones Index showed some slight rise yesterday to approach from retesting the broken neckline of the double top pattern that appears on the chart below, bouncing to the downside now to resume the correctional bearish bias that was activated after breaking the rising wedge's support mentioned in our last report.

Thus, we expect the continuation of the negative pressure domination on the coming trades, to start the negative targets at 20395 and extend to 19914, noting that surpassing 20780 will stop the current negative pressure and lead the index to attempt to return to the main bullish trend again.



Trend Bearish