The stock index Dow Jones is trading at 20456.8. Dow Jones continues to move below the moving average with a period of 55, indicating a bearish trend for the Dow Jones. At the moment, quotations of the stock index test the lower boundary of the bands of the indicator Bollinger Bands. It is worth waiting for an attempt to grow and test the middle border of the bands near the level of 20560.0, where again we should expect an attempt to continue falling with the first goal near the level of 20300.0.
Bollinger Bands forecast Dow Jones on March 28, 2017
The conservative sales area is located near the upper boundary of the Bollinger Bands indicator bars at 20750.0. The cancellation of the variant of the 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 bars, we expect to accelerate the fall of the exchange index in the area below the level of 20300.0.
