Dow Jones signal
A good day for our Dow Jones trading signal subscribers. Our DJIA Index tips subscribers enjoyed profit as our signal achieved target. Here is our DJIA trading signal which I given to my subscribers yesterday.
Sell Dow Jones at 25805 with stop loss of 25920 for target of 25690. US30 crashed and our subscribers exited at 25690. Our subscribers booked more than 110 pips in this trade. My clients made more than $1100 profit per lot in this trade.
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Currently Wall Street trading at 25570. DJIA index crashing hard from highs. As stated in my today’s gold prediction dow jones will find it tough to stay on top due to concern over trade war between US & China.
Last night FOMC meeting minutes showed Fed is not ready to hike interest rate despite good US data since 2 weeks. This concerns market as Fed is not very comfortable if market could digest any more rate hike. This is also causing mild weakness.
Latest ban by Google to stop Huawei to stop using android for its phones also causing a panic in market. Google will lose millions of customers due to this executive order from White house. China may also retaliate this move by pushing more tariffs towards US companies.
Currently Dow jones trading at 25590. Good support in this main Indices stands at 25470. If traders break and sustain below 25480. Then expect US30 to crash further and it may test till 25350- 25220.
Resistance in DJIA Index chart stands at 25740. If traders break and sustain above 25740. Then expect mild recovery in US30 till 25860- 25970.
Currently Dow Jones Index trend is weak. So avoid any major buying in this Indices. Look to sell on rise. More weakness in Dow & other World Stock markets not ruled out.
More will update to our paid subscribers.