priceprophet

Week ending 25 Sep 20 swift evaluation of DJI

TVC:DJI   Dow Jones Industrial Average Index
A swift evaluation is conducted based on a single day without look back.
DJI is currently in a bull trend.
Prices are trading in a range of approximately 1097.3 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 26495.87 - 27852.13.
Prices are consolidating between 26534.4 - 29199.4.
If strength and trend continue, DJI is trying to reach 26286.56.
It could take between 1 to 2 trade periods to reach the projection.

Suggested stops in a Bullish environment.
Last Price - (ATR * 1.5): 25528.05
The trend moving average: 26760.6


------Additional Comments:
Standard Deviation for following week: 26229.8 - 29085
Forecasted Range for following week: 26223.6 - 27627.4 (Targeted Mean = 26925.5 )

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.