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analysing Dow Jones  for Fridayto Nov. 15, 2019



Dow Jones MT: further advance.


Pivot: 25470

Our preference: long positions above 25470 with targets at 28900 & 30800 in extension.

Alternative scenario: below 25470 look for further downside with 24690 & 23650 as targets.

Comment: the RSI calls for a new upleg. The DOW broke above a long term broadening wedge continuation pattern.


Supports and resistances:

31100 *
30800 ***
28900 **
27780 Last
25470 ***
24690 ***
23650 **
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