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Dow Jones Futures






5/10/2017 1:00:38 AM

Dow Jones Futures - Technical Analysis: Wednesday, 10/05/2017 05:00 GMT



Dow Jones Index moves within narrow range in the past days, settling near 21000 barrier, and the bullish trend still expected and dominant as long as the index is above the previously breached resistance line.

The index needs positive momentum that assists it to resume the bullish trend again, waiting to surpass 21169 level to confirm extending the bullish wave on the short term basis and head towards 21465 mainly, while we should note that breaking 20885 will push the index to test 23.6% Fibonacci correction level again at 20393.


Target
Risk


Support
Resistance


Trend Bullish

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