Sunday, February 24, 2019
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US30 07/01/19 | EconAlerts

Technical Analysis – Dow Jones 30 the medium-term bias remains negative

Dow Jones 30 stock index bullish correction in progress; the medium-term bias remains negative. The Dow Jones stock index (US 30) managed to test the 38.2% Fibonacci retracement level (23,645) of the downward move from 26,960 to 21,596 today after a buoyant rally last Friday. Technical indicators are suggesting more gains in the short term, with the

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Dow Jones 12/10/18 | EconAlerts

Technical Analysis – Dow Jones bulls retake control

Dow Jones index (US 30) bulls retake control after sharp sell-off. The Dow Jones 30 index has plummeted considerably over the last couple of days, recording an almost three-month low of 24916. The sharp sell-off drove the index near the ascending trend line, however, the price turned higher after challenging the 200-day simple moving average (SMA),

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