Hello everyone,
Dow Jones 4H NEW FORECAST
The index price renewed its positive attempts by rushing towards 35500 yesterday, trying to get rid of the effect of the downward corrective path and move to the next positive stage with the support of the Stochastic indicator, which is currently stable near the 80 level.
The price is required to provide a new positive close above the 35500 level, to increase the chances of it forming strong bullish waves, and we expect it to soon target the 35680 level, reaching the recently achieved peak that is stable at approximately 35840.
Resistance prices: 35500 & 35680 & 35840
Support prices: 35220 & 35100 & 34870
The general trend expected for today is bullish
Dow Jones 4H NEW FORECAST
The index price renewed its positive attempts by rushing towards 35500 yesterday, trying to get rid of the effect of the downward corrective path and move to the next positive stage with the support of the Stochastic indicator, which is currently stable near the 80 level.
The price is required to provide a new positive close above the 35500 level, to increase the chances of it forming strong bullish waves, and we expect it to soon target the 35680 level, reaching the recently achieved peak that is stable at approximately 35840.
Resistance prices: 35500 & 35680 & 35840
Support prices: 35220 & 35100 & 34870
The general trend expected for today is bullish
