Trading news

Dow Jones – prognosis via Dow Theory for calendar week 40/2015

Weekly chart:

The big picture shows a valid downtrend with a correction zone between 17372 points and 18074 points. After the last correction, which came to a premature end at 16836 points, the index is now in a movement to continue to downtrend once more.


Daily chart:

Likewise, in the daily chart, the downtrend cannot be overlooked. Here, the last correction zone lies between 17320 points and 17732 points (red rectangle). Here, too, the market is also in a beginning movement to continue the downtrend.


Hourly chart:

The downtrend from last week was interrupted with the break of the point three at 16241 points and since no new trend has formed yet, the index can be regarded as trendless in this trend size. This is why for the moment, the sidelines should be taken. However, if a new downtrend asserts itself here, then the chances for short trades will rise.


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.

Monday, 28 Sep, 2015 / 7:38

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

Source :

Trading news


Equities Turn Slightly Weaker Near The Top

Equity markets were seen trading rather flat for the third consecutive day. [...]

Posted on Friday, 24 Jan, 2020 / 2:48 under

Euro slips after ECB; stocks stage another comeback

  Euro/dollar breaks lower as ECB is a touch more dovish than [...]

Posted on Friday, 24 Jan, 2020 / 10:18 under

Coronavirus Stays in Spotlight; EUR Slides on ECB, EZ and UK PMIs in Focus

Most major EU indices traded in the red for another day, and while the US ones [...]

Posted on Friday, 24 Jan, 2020 / 8:47 under