• Dow Jones reversed from support level 33295
• Likely to rise to resistance level 34333
Dow Jones recently reversed up with the daily Bullish Engulfing from the key support level 33295 (previous monthly low from May), intersecting with the lower daily Bollinger Band and the 100-day moving average.
The upward reversal from the support level 33295 started the active intermediate impulse wave (5).
Given the clear uptrend – Dow Jones can be expected to rise further toward the next resistance level 34333 (former support from the start of May).
- Adobe reversed from support zone - Likely to rise to resistance level 500.00 Adobe…
- EURJPY reversed from support zone - Likely to rise to resistance level 0.8625 EURGBP…
USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over…
Market picture Crypto market capitalisation rose 3.3% in 24 hours to $2.22 trillion. Local capitalisation…
- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…
- WTI broke round support level 80.00 - Likely to fall to support level 76.00…
This website uses cookies
