Close Menu
SimpleFX BlogSimpleFX Blog
    Facebook X (Twitter) Instagram
    Thursday, May 15
    Facebook X (Twitter) LinkedIn Telegram YouTube
    SimpleFX BlogSimpleFX Blog
    Banner
    • Home
    • News
    • Tutorials
    • Updates
    • Opinion
    • Trading Academy
    • Trading Schedule
    SimpleFX BlogSimpleFX Blog
    Home » Dow Jones Hits Another Historic Record! Time to Trade US Stocks?
    Analysis

    Dow Jones Hits Another Historic Record! Time to Trade US Stocks?

    Zach WrightBy Zach WrightNovember 27, 2019No Comments1 Min Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link

    Over the previous trading weeks, we saw a large bullish trend from the lower bound of the yellow channel to its upper wall. After rebounding from the upper yellow bound, the bulls did not allow the price to go down, instead, we see that the market again almost reached the yellow bound and the resistance level of 28240.

    [button link=”https://app.simplefx.com/login” size=”medium” target=”new” text_color=”#eeeeee” color=”#df4444″]SELL US Stocks[/button]        [button link=”https://app.simplefx.com/login” size=”medium” target=”new” text_color=”#eeeeee” color=”#3cc195″]BUY US Stocks[/button]

    If in the near future we see a rebound from this level, and then the price breaks below the support level of 27768, which forms the lower bound of the green channel, the bears will open the way towards the level of 26577, which is on the lower yellow bound.

     

    In the event of a break above the level of 28240, the downtrend will be temporarily canceled, and the bullish trend will continue.

    featured stocks
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Previous ArticleNasdaq Hits the All-Time Record! What’s Your Move?
    Next Article Records in the US Put German Stocks in an Interesting Position
    Zach Wright

    Related Posts

    American banking giants available on the Investment Arena!

    May 12, 2025

    SimpleFX offer extended – 1000 assets for trading!

    April 8, 2025

    World markets’ uncertainties: Oil, AUD, and more

    March 31, 2025
    Leave Us a Review
    Review us on
    App Store
    Google Play
    Copyright © 2014 - 2025. 8Tech SVG Ltd (formerly SimpleFX Ltd)
    • SimpleFX WebTrader
    • Unilink Affiliate Tracker

    Type above and press Enter to search. Press Esc to cancel.