Technical analysis and Dow Jones Forecast on April 11, 2017


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Quotations of the Dow Jones exchange index are traded at the level of 20715. At the moment there is a potential for falling quotations of the index in the area below the level of 20450. In favor of falling quotes Dow Jones is a rebound from the descending line of the trend, as well as the formation of the reversal model Head and shoulders on the indicator of relative strength.

Technical analysis and Dow Jones Forecast on April 11, 2017

Technical analysis and Dow Jones Forecast on April 11, 2017

The abolition of the drop in the quotations of the index will be the breakdown of the area 20850, indicating that the upward trend in the Dow Jones will continue to develop above the 21000 level.

Technical analysis and Dow Jones Forecast on April 11, 2017 suggests an attempt to fall below 20450 as part of the development Head and shoulders on the indicator of relative strength.


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