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Dow Jones Futures






8/2/2017 3:31:45 AM

Dow Jones Futures - Technical Analysis: Wednesday, 02/08/2017 07:31 GMT



Dow Jones Index rallied to the upside strongly to reach our main waited target at 22000 barrier, as it surpassed the resistance line that appears on the chart below, to open the door to extend the bullish wave on the long term basis, as the next target is located at 22275.

Thus, the bullish trend will remain expected for the coming period, noting that failing to surpass 22000 will push the index to start bearish correction affected by expected sell-offs after touching the mentioned psychological barrier.


Target
Risk


Support
Resistance


Trend Bullish

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