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DOW JONES: 20-11-2017

DOW JONES: 20-11-2017
November 19
14:26 2017

DOW JONES OUTLOOK

The biggest risk in US is the sharp drop in bonds, which is considered as early sign of technical correction of equity markets.  Dow Jones has strong support and resistance at 23264 and 23599 respectively, a break below or above can give a major direction for the market.  As the monthly RSI of Dow Jones is above 80 one should take utmost care while initiating long positions at higher levels.

 

Image Credits: “Venturelli Luca/Shutterstock.com”

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ALEX MATHEWS

ALEX MATHEWS

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