Weekly $DJI Going UP 800 to Break up 30k OR DOWN 2000
Similar to Weekly $SPX Bullish close but weaker on term of volume and shape of the green candle, we could see lower volume too on next week with small doji candle or small red one , Weekly RSI will confirm signal . As risk/reward approach it could targeting 30000 psychological number . at 30,080 will be strong resistance and could be 2020 TOP so its about 800 points up , from otherside if turned bearish we could target 27800 which around 2000 point from 29800. MFI showing negative signal too. We can see strong intersection at 1st-2nd week of July near 27800. As per latest FED advice they will continue helping markets till mid of 2020 so its make sense to target these level bu mid of July.. thanks for reading ..
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