Dow Jones index declines strongly to break the first important support at 19775 and starts to push on the most important support at 19718, signaling the index turn to decline on the short term and medium term basis, to start bearish retracement that we expect to push trading to 19500 mainly.
Thus, the decline will be expected in the coming period, especially with the continuous negative pressure on the US stocks affected by Donald Trump reaching the authority and starting his presidency tomorrow, noting that surpassing 19785 to the upside will allow the index to recovery again and stop the current negative pressure.
Thus, the decline will be expected in the coming period, especially with the continuous negative pressure on the US stocks affected by Donald Trump reaching the authority and starting his presidency tomorrow, noting that surpassing 19785 to the upside will allow the index to recovery again and stop the current negative pressure.