Forecast Dow Jones Futures on January, 25 2016.

Tags: 

Today analysis of stock index futures on the Dow Jones shows that the price is in a sideways trend. MACD indicator shows a slowdown in the downward trend since the last bar of the histogram is less than the previous one. Dow Jones futures price is below the moving average indicator Alligator, indicating a global downward trend. Heiken Ashi Last bar green this indicates the upward trend in the short term. The Commodity Channel Index indicator entered the buying area 100. Hence, we are not completely sure whether the index will continue to move higher or not depending on the contrarian between technical signals.

Daily Chart Dow Jones Futures

Forecast Dow Jones Futures on January, 25 2016.

Support Levels Dow Jones:

  • S1 - 15855.00.
  • S2 - 15730.00.
  • S3 - 15625.00.

Resistance Levels Dow Jones:

  • R1 - 16000.00.
  • R2 - 16120.00.
  • R3 - 16250.00.

Trading Recommendations Dow Jones:
We will be neutral now and we will update with confirmations; noting that, 15855.00 is a strong support, while 16050.00 is a tough resistance.