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| Technical Outlook For Dow-Jones 20-8-2015 |
Dow Jones moved yesterday in the average movement of 262 pips, its highest level at 17509 and the lowest Level at 17247 and closed at 17287 to lose 194 pips during yesterday’s trading.
Dow opened today's trading at 17287 volatile between 17319 and 17222 at 97 Pips for the poor liquidity in the market range, and then the index went down to 17128 in the European session.
Dow moves in a series of down corrective waves below the trend line.
We saw the pair achieved our target at 17296
It is expected that the Dow is heading targeting 17080 again as the target on time frame of four hours and until now we see the Bears control on market direction
