The stock index Dow Jones is trading at 20670.5. Quotations Dow Jones broke through a moving average with a period of 55, indicating a bearish trend for the Dow Jones. At the moment, stock market quotes are testing the moving average with a period of 55 and the average border of the bars of the indicator Bollinger Bands. It is worth waiting for an attempt to continue falling with the first goal near the level of 20470.0. The conservative sales area is located near the upper boundary of the Bollinger Bands indicator bars at 20730.0.
Bollinger Bands Dow Jones forecast on April 3, 2017
The cancellation of the variant of continuation of the fall of Dow Jones will be a breakdown of the upper border area, as well as the moving average and the closing of quotes of the pair above the area of 20800.0, which will indicate a change in the trend in favor of the bullish on the Dow Jones. In the event of a breakdown of the lower border of the indicator strip, we should expect an acceleration of the fall of the exchange index in the area below the level of 20470.0.
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