DOW JONES INDEX CFD Analysis

DOW JONES INDEX CFD Analysis

Time Frame : 30 Min and 4 Hour Charts

Watch for SELL Entry Setup

The Dow Jones Index has been strong recently, much to the disappointment of the bears, but price may be starting to show some cracks. Trump and his team will do what they can to keep the Index up although the weight of numbers look set to push price lower. We are watching the 23750 zone on the short term 30 minute chart for a break but only as long as the 24170 high can hold the pressure down. It will be ideal if the price can hold below the 23960 zone on the 30 min chart as that will indicate weakness and commitment from sellers.

Index : DOW JONES Index CFD

Current Price : 23890

Status : On watch for a a move below 23750 and 23050