DOW JONES INDEX (DJIA)
- DOW JONEX Index gave a strong weakness after coming out from up channel formation. (Click here to see previous report published on DOW JONES INDEX).
- Now daily chart indicates Dow Index gave a bearish breakout after coming out from its up channel. Indicates index can see further weakness.
- Suggested reading - ASX All ORDINARIES facing strong resistance at current levels.
- If index falls further then will find next strong support around 16470, 16240 and 16000 its fibonacci retracement support.
- Daily chart also indicates Index will find strong trend line support around 16300 as shown above in chart no 3.
- Click here to see all the forecast (trading strategy) published by us on DOW JONEX INDEX (as per technical analysis point of view).
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