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DOW JONES: 28-11-2016

DOW JONES: 28-11-2016
November 27
18:13 2016

Dow Jones moved up on expectation that the newly elected Donald Trump will adopt new policies to improve the economy.  Market participants are expecting higher infrastructure spending environmental and financial deregulation and further more tax cuts had a positive impact.  Dow has immediate resistance at 19441 and has strong support at 18849.  Dow Jones technical charts are suggesting further uptrend, but caution should be taken at higher levels due to over bought situation.

Image Credits: “Venturelli Luca/Shutterstock.com”

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ALEX MATHEWS

ALEX MATHEWS

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