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FX.co ★ Dow Jones Industrial Avarage Price Movement For July 01, 2020

Dow Jones Industrial Avarage Price Movement For July 01, 2020

Dow Jones Industrial Avarage Price Movement For July 01, 2020

On the 4-hour chart, we see that the #INDU has a potential to continue its upward movement to raid 26,573.9. The Stochastic Oscillator is already at the overbought level, although the index has formed a divergence too. The price has already closed above the Moving Average. Based on this fact, #INDU is going up soon as long as the price does not retrace downwards to close below 24,886.8.

(Disclaimer)

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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