Dow Jones Rebounds from All Time Excessive – DJIA Weekly Worth Forecast
Dow Jones Worth Outlook
- Dow Jones chart highlights a attainable value reversal
- Ranges and alerts to contemplate
Dow Jones – All Time Excessive
Final week, the Dow jones index rallied to 29.402 – its highest stage ever. On Friday, the weekly candlestick closed on Friday within the inexperienced with 1.7% achieve.
The Relative Power Index (RSI) remained flat above 50 reflecting a weaker uptrend momentum.
Dow Jones PRICE Every day CHART (July 1, 2018 – Jan 21, 2020) Zoomed OUT
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Traits of Successful Traders
Dow Jones PRICE Every day CHART (AUg 8 – Jan 21, 2020) Zoomed IN
Trying on the every day chart, we discover on Jan 14 rallied to the next buying and selling zone 28,837 – 29,724. Moreover, we spot a bearish divergence RSI…