Current dynamics Dow Jones index (DJIA)
The Dow Jones continues to decline, trading at 27200.0.
Yesterday's televised debate of the US presidential candidates did not clarify. Moreover, there was no constructiveness in the statements of the opponents either, which is why the US stock indexes began to decline. Contributing to the negative trend was the announcement of New York Mayor Bill de Blasio that the proportion of COVID-19 tests with a positive result for the first time in the past few months exceeded 3%.
On the eve of the autumn reporting period, investors are wary of choosing companies' shares and prefer to be in the dollar, which naturally provokes a decline in stock indices.
Among the companies making up the index and leading in growth are Nike Inc. (+ 1.63%), Amgen Inc. (+ 0.51%), Salesforce.com Inc. (+ 0.32%) and UnitedHealth Group Inc. (+ 0.30%). Among the companies showing a downward trend, Chevron Corp. stands out. (-2.75%), The Travelers Inc. (-2.52%), Dow Inc. (-1.92%) and Boeing Co. (–1.49%).
Support and resistance levels Dow Jones index
Resistance levels: 27750.0, 29100.0.
Support levels: 26700.0, 25100.0.
Chart was made on MT5 terminal
#Dow Jones index #DJIA
And at this the review came to an end. I wish you profitable trades, remember that your success should not depend on any one trade, you need to try to be in the black at the distance, and for this it is enough to earn only 3 out of 10 trades, how? - your reward to risk ratio should be more than one to three. Therefore, always remember about the 📈 risk (use EasyTradePad for easy calculate risk and placing orders) , consider it correctly and then your trading will be successful! Wish you a successful trading day your SeniorTrader.
In order not to miss the following market overview, as well as to be aware of the news of the project SeniorTrder 🤝 add me in friends list in mql5 and Subscribe to our telegram channel 👉Telegram Channnel https://t.me/SeniorTrader_Channel
Tools that I use in trading
Easy Trade Pad
MT4 Free version https://www.mql5.com/en/market/product/54895 (work only EURUSD)
MT4 Full version https://www.mql5.com/en/market/product/47587
iPump indicator
The iPump indicator was used for this analysis
https://www.mql5.com/en/market/product/39895
Indicator defining the trend, levels, overbought / oversold
EA Pump and Dump Pro
EA Pump and Dump Pro -multifunctional Expert Advisor using trading tactics - buying in areas of strong oversold, selling in overbought areas.
https://www.mql5.com/en/market/product/51395
https://www.mql5.com/en/market/product/51395
Using averaging and piramiding strategy for overclocking a deposit.
EA Long Term Strategy
https://www.mql5.com/en/market/product/35069
Trading strategy with fix stop loss ( safe strategy).
The entry point is looked for based on several indicators using trend control.
#Dow Jones index #DJIA