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Dow Jones technical

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Dow Jones technical

weekly - w03

The index got rejected (again) at the AUg'22 high at around 34.300. The index must now rise above that level to continue the move up. Else we might see another leg down with targets around 32.300/400.

With this in mind, the support and resistance could look as the following:

  • 34.712 - previous high
  • 34.302 - Aug'22 high

 

  • 33.642 - Tenkan
  • 32.280 - upper cloud limit
  • 32.830 - EMA(50)
  • 32.573 - previous Low
  • 32.400 - 38,2%

 

Dow Jones IA 30 weekly