Market Overview

Technical Forecast for Dow Jones

Share:
Technical Forecast for Dow Jones

 

Mini Dow holding above support at 14992 but a move below here is possible today with the market so overbought & should find 14942/926. We would expect a low for the day here so exit shorts & try longs with stops below 14870.
 
Resistance at all time highs of 15112 should see us struggle. A break above 15120 however keeps the upward momentum going for a target of 15170/75 & possibly 15244.

The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

Posted-In: Technicals Markets Trading Ideas

 

Related Articles

View Comments and Join the Discussion!