Stock index Dow Jones continue to move in growth. At the moment of the publication of the forecast, the exchange index rate is 23811. At the moment, we should expect an attempt of growth and a test of the resistance level near the area of 24200. Where should we expect a rebound and continued decline in Dow Jones quotes to the area below the level of 21360.
Dow Jones Index Forecast and Analysis January 10, 2019
In favor of falling stock index quotes, a test of the downward trend line on the indicator will appear. As well as a rebound from the upper limit of the bearish channel. Cancellation of the option to reduce the quotations of the index will be a strong growth and a breakdown of the 24450 area. This will indicate a breakdown of the upper boundary of the channel and continued growth of Dow Jones with a target above the level of 25750. Wait for the confirmation of the drop in quotations Dow Jones stands with the breakdown of the support area and closing below the area 22650.
Dow Jones Index Forecast and Analysis January 10, 2019 suggests an attempt to test the upper limit of the channel near the 2420 area. Next, the continuation of falling to the area below the level of 21360. The test of the resistance line on the relative strength index (RSI) will be in favor of reducing the Dow Jones quotes. Cancellation of the fall option will be a strong growth and the breakdown level 24450.