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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 October, 29 2020

Technical Analysis
Thursday, October 29, 2020 - 03:29
Point Trader Group
DOW JONES October, 29 2020

Overview:

prices are moving in a short term bearish direction.

Expected:

The pair is trading above a strong support level around 26420, which enhances chances of a bullish move to 27044.

Alternative Scenario:

On the other hand, we see that if the level of 26420 points is broken down, this pair might push down to 26000 points.

 

Resistance270442720027400
Support264202620026000

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