道瓊工業平均指數

Dow Jones reaching 44k zone again, bearish movements after NFP

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During last month the index reached 7% increase in price but now is waiting for the CPI data on Wednesday and FED decision in the following days. The price is now neutral around the 44k zone but the bullish tendency is strong as for now.

  • Main resistance is the 44k zone, upward movements can enhance the actual tendency.

  • Main Support is 43k and 41k zones. Any movements below the 41k could endanger the actual tendency on the chart.

  • There is also a bearish divergence between movements in price and movements in RSI. This signals losing of price momentum and probably can warn about corrections in price.


Following this, we have to wait for the new fiscal policies of United States.

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