06, June 2016

DowJones (a 4-hour chart)

DowJones (a 4-hour chart)

General overview

American futures showed the negative sentiment. American Bonds market was disappointed by the weak unemployment data in the USA.

Current situation

The index fell last Friday and tried to break the level of 17740. The index could recover by the trades end and consolidate over the level. The resistance is at the level of 17900, the support is at 17740.

MACD is on the zero line giving no signals. RSI is in a neutral zone giving no signal as well.

Trading recommendations

The index Dow Jones may remain in a flat.