Outlookb head DOWN

MACDdirection

Momentumdirection

Weighted M.A.direction

Thu, 21 Mar 2019 08:41:53 +0200
30 Minutes
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DJ30

 

ENTRY 25658.10 TARGETS 25607.14 25581.66 25530.70 25467.00 STOP LOSS 25785.50

 

Scenario 1

Dow is currently trading between the key levels at 25785.50 and 25658.10.  A negative sentiment will force the market to fall even lower to test the first support level at 25607.14.  Further weakening of the market will push prices to find support at 25581.66 and 25530.70.  A protective stop loss is highly recommended at 25785.50.

Scenario 2

Should the index manage to exceed the resistance level at 25785.50, it will cancel the downtrend scenario generating a buy signal.