DJIA neutral

DJIA is testing the circular level

21 june 2022 83
Elena_Berseneva
Elena_Berseneva

Listed among the best MarketCheese authors
1st in the segments "Currencies", "US stocks", "Metals" and "Oil and gas"
2nd in the segments "Indices" and "Crypto"
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On June 15, the anomaly of the U.S. stock market, such as the FOMC drift effect, which occurred about 24 hours before the Open Market Committee meeting, was confirmed once again by 1.1% increase in the DJIA index.


However, that didn't stop the index from declining and testing the circular level of 30,000.


This time the level held, and if the index will break above it, the next target will be the 31,200 level. Otherwise it might fall to the November 2021 level, around 29,000.

Elena_Berseneva
Elena_Berseneva

Listed among the best MarketCheese authors
1st in the segments "Currencies", "US stocks", "Metals" and "Oil and gas"
2nd in the segments "Indices" and "Crypto"
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