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Dow Jones Industrial Average Technical Outlook Remains Positive

Dow Jones Industrial Average Technical Outlook Remains Positive

Paul Robinson, Strategist
Equities Forecast
Equities Forecast
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The Dow is consolidating around trend support. The developing bull-flag pattern is seen as leading the DJI higher on a breakout above 35192, while a break below the weekly low at 34714 on a closing basis is seen as negating the bullish posturing.

DJI Daily Chart

DJI daily chart

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---Written by Paul Robinson, Market Analyst

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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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