Dow Jones index technical analysis: trading above 25500.00 will bring further rise

6 Nov 2018 04:26 PM

Dow Jones is likely to continue to rise as long as it remains above the psychological level of 25500.00, and today it will attempt to reach 25720.00 points.
However, we should know that breaking 25190.00 level will fail the intraday upside move, but we prefer today to keep trading above 25500.00 to keep the upside move better.
Therefore, the Dow Jones may well buy above 25550.00 with profit taking in two stages at 25650.00 and 25720.00 and stop loss below 25450.00.


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