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| Technical Analysis for Dow Jones 30-7-2015 |
Dow Jones moved yesterday in the average movement of 175 pips, its highest level at 17695 and the lowest Level at 17522 and closed at 17683 to Gain 132 pips during yesterday’s trading.
Dow opened today's trading at 17661 volatile between 17634 and 17698 during the Asian session trading at 64 Pips for the poor liquidity in the market range, and in the European session the dow went down to 17612.
Dow moves in a series of down corrective waves below the trend line.
It is expected that the Dow is heading targeting 17400 as the target on time frame of four hours and until now we see the Bulls control on market direction
And the Relative Strength Indicator "RSI" show us accumulation operations at the market
Today we could see sharp trading because of the economic data from the USA
Support levels: 17571 and 17460 and 17398
Resistance levels: 17744 and 17806 and 17917
More Technical Outlook FxStations
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