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Will the DOW Follow the S&P 500 to New Record Highs? – DOW JONES Market Outlook – 24/08/2020


The Dow hit our short entry support target at 27550 on Friday before closing in the green on the back of stronger than expected economic data out o the U.S., only to push higher in early trade today on upbeat news surrounding US-Sino relations, as we look for an hourly close above 28000 to favor higher prints with 28125 and 28200 as the closest resistance targets.

Support: 27700 / 27550
Resistance: 28000 / 28125 /28200

SquaredFinancial Daily Market Outlook


SquaredFinancial Review

Source: https://www.squaredfinancial.com/learn/daily-market-outlook/will-the-dow-follow-the-sp-500-to-new-record-highs-dow-jones-market-outlook-24-08-2020
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