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Technical Analysis

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

DOW JONES Nov, 18 2020

Technical Analysis
Thursday, November 19, 2020 - 05:13
Point Trader Group
DOW JONES Nov, 18 2020

Overview:

Prices are moving in a short-term uptrend.

Expected:

The index is trading below a strong resistance level around 29896, which enhances the downside chances during today's trading.

Alternative Scenario:

Continuing trading below the aforementioned resistance level could push the index down to 29700. 

 

Resistance299702990029896
Support297002960029500

*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

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