Outlookb head DOWN

MACDdirection

Momentumdirection

Weighted M.A.direction

Tue, 25 Sep 2018 16:09:14 +0300
30 Minutes
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DJ30

 

ENTRY 26700.00 TARGETS 26744.00 26766.00 26810.00 26865.00 STOP LOSS 26590.00

 

Scenario 1

The Dow index is currently negotiating between the key levels at 26590.00 and 26700.00.  An impulse wave will fuel prices to penetrate the swing level at 26700.00 generating a buy signal.  Strengthening of momentum will lift the market higher to test the immediate take-profit targets at 26744.00 and 26766.00.  A protective stop-loss at 26590.00 is highly recommended.

Scenario 2

Should the index manage to violate the support at 26590.00, it will eliminate the bullish scenario generating a sell signal.