Market Overview

Technical Forecast for Dow Jones

Technical Forecast for Dow Jones


Emini Dow Jones Sep13 made it to 15419 as we look overbought now short term & on the daily chart. We could hit profit taking at any time therefore & test support at 15295 then 15220/200 which could hold any profit taking at this stage.


If however we continue higher again there is little in the way of a retest of 15508/23 all time highs. Be aware that failure to sustain a break above this level now leaves a bearish double top in place & could trigger selling pressure in to the end of this month.

The preceding 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!

Partner Center