General Index of Dubai Market
At the end of last week, the general index closed positively at 3531 points
The Harmonic model is positive and is the 0-5 model on the general index of the Dubai market targeting the first targets 3615 and 2 3726 through resistance 3553 points
In general, any future or expected profit taking will be an opportunity to build new positions
The objectives of the model will be eliminated if the level of 3325 is broken or negative signals appear to indicate a failure of the pattern
Dubai Financial Market Index
The pair managed to breach a long term bearish trend as shown in chart 2515 and target 2712, taking into consideration the support and resistance mentioned in the chart
Dow Jones
We see that the Harmonk model has positive targets, one at 26847 and the second at 34665, which is believed to be able to reach it supported by the results of companies and the positive technical status of oil
Brent crude
In a previous analysis, we set a target of $ 77 as a close target for Brent and as a further look, we see Brent's ability to achieve Harmonk's target at $ 95 per barrel
