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Dow Jones Technical Analysis

Dow Jones Technical Analysis
On the daily chart below, we can see that the price has bounced from the 33000 level and rallied towards the red long period moving average. This is where the sellers are likely to lean on looking for more downside and targeting the 32684 support. The price action overall remains messy as the market remains uncertain on the future path of the economy and interest rates. Recent economic data has been beating expectations and prompted the Fed officials to acknowledge that in case the data keeps on... Read More
Posted: May 19 2023, 08:10
Author Name: forexlive
Views: 081556

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