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Dow Jones Industrial Average Technical Outlook Remains Positive

Dow Jones Industrial Average Technical Outlook Remains Positive

Equities Forecast
Equities Forecast
Recommended by Paul Robinson
Check out the Q3 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

DJI Chart by TradingView

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---Written by Paul Robinson, Market Analyst

You can follow Paul on Twitter at @PaulRobinsonFX

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

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