Trading news

Dow Jones – market prognosis for calendar week 32/2015

Weekly chart:

The Dow was able to stabilize itself again in the past week without yielding any more for the time being. The threat, however, has not yet been averted. A slip down to the 20 LP from the monthly chart must always be reckoned with. On the way up to the top, the 20 LP from the weekly chart may well be considerably in the way.


Daily chart:

As expected, last week the price broke through the last point two at 17369 points and reached a new low at 17323 and with this, a new point two. Directly after this, the price started to correct itself again, but so far, however, it has become stuck at the 20 LP from the daily chart. In addition, the 20 LP from the weekly chart is passing through at approx. 17866 points. This, too, could also tempt more sellers into the market. Currently, the chances are more on the lower side.


Hourly chart:

The uptrend has, by now, been broken once more. However, no new downtrend has been able to assert itself yet either. But as soon as the mark at 17555 points is broken downwards by the closing price, a new downtrend will be established. Then there will be a higher chance that the prices will continue to sink.


I hope you will remain favorably disposed towards me and always remember: the journey is the reward!

All the best,

Markus Gabel

Head of Sales/Trading


AgenaTrader Trading Software

IMPORTANT NOTE: Exchange transactions are associated with significant risks. Those who trade on the financial and commodity markets must familiarize themselves with these risks. Possible analyses, techniques and methods presented here are not an invitation to trade on the financial and commodity markets. They serve only for illustration, further education, and information purposes, and do not constitute investment advice or personal recommendations in any way. They are intended only to facilitate the customer's investment decision, and do not replace the advice of an investor or specific investment advice. The customer trades completely at his or her own risk. Please refer to the current version of the Terms and Conditions.

Tuesday, 04 Aug, 2015 / 6:29

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news


USD/JPY Breaks Through Key Resistance To 7-Month Highs

Mystery virus poses a threat to the Chinese economy and the Phase One trade [...]

Posted on Wednesday, 22 Jan, 2020 / 12:35 under

Don’t fear the virus; BoC rate decision in sight

  BoC to stay on hold, but any hints of concern might elicit sharp [...]

Posted on Wednesday, 22 Jan, 2020 / 9:46 under

Pound Gains on Jobs Data, Awaits PMIs; BoC Decision in the Spotlight

Asian equities rebounded today after China’s National Health Commission [...]

Posted on Wednesday, 22 Jan, 2020 / 8:36 under