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DOW JONES: 22-05-2017

DOW JONES: 22-05-2017
May 22
17:12 2017

Dow Jones is still positive but losing its upward bias because of overbought situation and uncertainty over impeachment of the present US President and concerns over Brazil’s default on International commitment.  If Brazilian banks files for a default then it may lead to series of bankruptcies in USA which may result crash at world markets.  Dow Jones has support at 20548 and 20420.  Resistance for Dow Jones is at 21028.

 

Image Credits: “Venturelli Luca/Shutterstock.com”

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ALEX MATHEWS

ALEX MATHEWS

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