Stock index Dow Jones continue to move in growth. At the time of the publication of the forecast, the index is trading at 26688. Moving averages indicate the presence of a bullish trend. At the moment, it is worth expecting an attempt to reduce and test the support level near the area of 26285. From where the rebound is expected and the continuation of the rise of the Dow Jones stock index quotes to the area above the level of 28450.
Dow Jones Index Forecast and Analysis June 21, 2019
In favor of the growth of quotations of the stock index will test the rising trend line on the indicator of relative strength index (RSI). The second signal will be a rebound from the lower boundary of the rising channel. Cancellation of the growth rate of the index quotes will decrease and breakdown of the 26050 area. This will indicate a breakdown of the support level and the continuation of the fall of Dow Jones with a target below 24855. Expect the acceleration of the growth of quotes Dow Jones stands with the breakdown of the upper boundary of the downward channel and closing above the level of 27255.
Dow Jones Index Forecast and Analysis June 21, 2019 suggests an attempt to test the support level near the 26285 area. Then, the growth will continue to the area above the level of 28450. The Dow Jones quotes rise will be a test of the trend line on the relative strength index (RSI). Cancellation of the growth option will be the fall and the breakdown of the 26050 area. This will indicate a continuation of the decline with the target below the level of 24855.
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