Sunday, January 22, 2017

Dow jonex index technical chart for tomorrow trading updated on 23rd January 2017 Monday




Dow jones index stuck in a range bound zone from last few days.

Yesterday index tried to close below its support zone but failed to close below and bounced back.

Index has now comes again in a range bound zone as long as it stuck between 19999 -  19677 trend will be mix with no clear direction.

Sharp movement expecting once index comes out from its range bound pattern.

On the very first day of President Trump, Dow jones closed +ve with +95 points and breaks its continues 5 days -ve closing.

The major stock bounced back slightly as Trump delivered his remarks after talking oath of office.