Dow Jones Industrial Average (DJIA):
22 November 2016, Tuesday, 6.25pm Singapore Time
Attached is the technicalities of the Dow Jones Industrial Average Index, DJIA:
All supports continue to get ossified as per illustrated with the Orange Circles on chart.
Write-up on the technicals of the DJIA are as per highlighted on the price action layout.
Refer to previous analysis of DJIA in October 2016:
http://donovan-ang.blogspot.sg/2016/10/dow-jones-industrial-average-djia-19.html
October 2016 analysis: "Absorption of selling in a 2000-point range was detected; DJIA was then resisted at 18,000 points before it stood above 18,000 points; from the 18,000 point mark, market signals that it intends to rally beyond way 20,000 points for the Dow Jones Industrial Avg. To rally beyond 21000 points is a also guarantee based on the volume flow. Stock markets all over the world are to be hyper bullish for the rest of 2016 and 2017. Rising boats are not to be missed."
All supports continue to get ossified as per illustrated with the Orange Circles on chart.
Write-up on the technicals of the DJIA are as per highlighted on the price action layout.
Refer to previous analysis of DJIA in October 2016:
http://donovan-ang.blogspot.sg/2016/10/dow-jones-industrial-average-djia-19.html
October 2016 analysis: "Absorption of selling in a 2000-point range was detected; DJIA was then resisted at 18,000 points before it stood above 18,000 points; from the 18,000 point mark, market signals that it intends to rally beyond way 20,000 points for the Dow Jones Industrial Avg. To rally beyond 21000 points is a also guarantee based on the volume flow. Stock markets all over the world are to be hyper bullish for the rest of 2016 and 2017. Rising boats are not to be missed."
DNA Worldwide Financial Market Technical Rating for 4Q-2016 and 2017:
Very Bullish
(Buy on Correction Dips)
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