Stock index Dow Jones continue to move in growth. At the time of the publication of the forecast, the index is trading at 26673. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near the 26575 area. Where the rebound is expected from and the growth of the Dow Jones stock index in the region above the level of 27345 is expected.
Dow Jones Index Forecast and Analysis July 3, 2019
In favor of the rise of quotations of the stock index on July 3, 2019, a test of the rising trend line on the relative strength index (RSI) will be made. Cancellation of the growth rate of the index quotes will fall and the breakdown of the area 26230. This will indicate a breakdown of the support level and the continuation of the fall of Dow Jones with a target below 26010. Wait for the growth of quotations to accelerate the Dow Jones with the breakdown of the area of resistance and closure above 27025.
Dow Jones Index Forecast and Analysis July 3, 2019 implies an attempt to test the support level near the 26575 area. Then, the growth will continue to the area above the 27345 level. The Dow Jones quotes will be tested by the trend line on the relative strength indicator. Cancellation of the growth option will be the fall and the breakdown of the area 26230. This will indicate a continuation of the decline with the goal below the level of 26010.