Dowjones 28.10.2021

Technical Analysis
Thursday, October 28, 2021 - 11:14
Point Trader Group
Dowjones 28.10.2021

Overview:

The above chart shows that the pair is trading in a short-term bullish trend

Expected scenario:

The index is trading below a strong resistance level around 35750, which enhances the chances of descending during today's trading to 35270

Alternative scenario:

On the other hand, we see that if 35750 is broken upwards, it may push this pair up to 36000

 

Resistance

35750.00

36000.00

36200.00

Support

35270.00

35100.00

35000.00

 

  Disclosure of risk:     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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