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Dow Jones Futures






5/7/2019 6:46:50 AM

Dow Jones Futures - Technical Analysis: Tuesday, 07/05/2019 10:46 GMT



Dow Jones index consolidates about 26000 barrier, and moving inside the descending channel indicates that the price is within bullish flag pattern, and surpassing 26545 will push the index to achieve strong gains that reach 27225.

The exponential moving averages 50 and 100 support the expected bullish trend, and consolidating above 26040 is important for its continuation.

 

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Target
Risk


Support
Resistance


Trend Bullish

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