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Dow Jones Futures






8/22/2017 12:54:54 AM

Dow Jones Futures - Technical Analysis: Tuesday, 22/08/2017 04:54 GMT



Dow Jones Index continues the decline to approach from the next correctional level at 21558, falling under the negative effect of the double top pattern that was completed previously by breaking 21843, noting that the negative pressure will remain dominant in the coming period.

Breaking 21558 will push the index to extend its bearish correction towards 21366 as a next main target, while surpassing 21795 then 21843 will stop the correctional bearish pressure and lead the index to return to the main bullish trend again.


Target
Risk


Support
Resistance


Trend Bearish

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