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Dow Jones Futures






4/26/2017 5:20:53 AM

Dow Jones Futures - Technical Analysis: Wednesday, 26/04/2017 09:20 GMT



Dow Jones Index achieved strong gains to surpass the triangle's resistance that appears on the chart below and rallies to test 21000 barrier, which indicates that the index regains its main bullish track and stop the bearish correction that dominated the recent trades, thus, the bullish trend will be expected in the coming days.

The first target is represented by testing the recently recorded top at 21169, and surpassing this level will push the index towards 21400 as a next target, while the expected rise will remain valid conditioned by trading stability above 20755.


Target
Risk


Support
Resistance


Trend Bullish

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