DOWJONES 21-12-2023

Technical Analysis

By Shady Fouad On Dec 21, 2023

DOWJONES 21-12-2023.

Dow Jones index is trading at the lower boundary of an ascending channel, above its historical peak within the range of 36,950. It is likely to resume its upward movement to target the upper limit of the channel within the range of 38,000. This scenario is invalidated if prices break below 36,950.

Support	37300	36950	36750
Resistance	37800	38000	–

Shady Fouad

Shady Fouad is a technical analyst at LDN Company
Shady's strategic vision in the currency markets is reinforced by more than fifteen years of trading experience, which enables him to blend economic and technical analyzes with high efficiency, and find the best investment ideas for traders.

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