DJI Weekly Daily Chart Analysis For October 26, 2020
Technical Analysis and Outlook
Since Dow Jones Industrial Average intermediary trend of the 'Inauguration of Donald Trump' line, we have completed the Outer Index Rally $29,500 and developed a significant Key Sup marked at $29,132. The stocks will need to complete the Inner Index Dip $25,853 to launch a meaningful rally to Mean Res $27,570 and encounter major Key Res $29,132, and this will signify the challenge of the completed Inner/Outer Rallies. To continue the rest of the market story, see the 'Weekly Market Review & Analysis For October 26, 2020" at the usual site.
Since Dow Jones Industrial Average intermediary trend of the 'Inauguration of Donald Trump' line, we have completed the Outer Index Rally $29,500 and developed a significant Key Sup marked at $29,132. The stocks will need to complete the Inner Index Dip $25,853 to launch a meaningful rally to Mean Res $27,570 and encounter major Key Res $29,132, and this will signify the challenge of the completed Inner/Outer Rallies. To continue the rest of the market story, see the 'Weekly Market Review & Analysis For October 26, 2020" at the usual site.