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Dow Jones Futures






5/18/2017 3:45:22 AM

Dow Jones Futures - Technical Analysis: Thursday, 18/05/2017 07:45 GMT



Dow Jones Index declined clearly to break the bullish trend line and head towards testing 23.6% Fibonacci correction level at 20393, indicating that the index is on its way to face negative pressure in the coming period, noting that breaking this level will push the index to head towards 19914 on the short term basis.

Note that surpassing 20800 will stop the current negative pressure and lead the index to return to the main bullish trend again.


Target
Risk


Support
Resistance


Trend Bearish

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