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Dow Jones Futures






8/24/2017 12:19:28 AM

Dow Jones Futures - Technical Analysis: Thursday, 24/08/2017 04:19 GMT



Dow Jones Index rose clearly in the previous sessions to retest the previously broken medium term bullish trend line, noticing that the index bounced bearishly to move below the neckline of the double top pattern that appears on the chart below, to keep the bearish trend dominant in the coming period, which hits next target located at 21558.

Breaking 21795 will confirm the continuation of the expected decline, while surpassing 21960 represents positive factor that will stop the current negative pressure and lead the index to return to its main bullish track again.


Target
Risk


Support
Resistance


Trend Bearish

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