Outlookb head DOWN

MACDdirection

Momentumdirection

Weighted M.A.direction

Tue, 19 Jun 2018 08:53:21 +0300
30 Minutes
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DJ30

 

ENTRY 24819.50 TARGETS 24745.26 24708.14 24633.90 24541.10 STOP LOSS 25005.10

 

Scenario 1

After the Dow index has plunged below 24745.26, it is now about to test the next support level at 24708.14.  Immediate targets are seen at 24633.90 and 24541.10.

Scenario 2

Should the index manage to exceed the resistance level at 25005.10, it will cancel the downtrend scenario generating a buy signal.