The Dow Jones 30 is trading near 18285 points
Our technical outlook suggests that the Dow Jones ended the formation of a temporary peak at 18650 levels on August 15, ending a rally from the last two months from the low of 17050 and now in the correction phase which is expected to witness fluctuation between the 17700 and 18400 levels, keeping in mind the US elections are approaching this will open more room for side trend
The general trend is still bullish and targeting levels above 20,000 point as long as 17050 remains intact, which is what we believe technically
Our Trading strategy
We recommend staying on the side of buying and taking advantage of price fluctuations with long term buybacks which could extend to 17500 and represent an excellent point for a long term view.
