The Dow Jones Industrial Average futures fell during the session on Tuesday as the market sold off in general. We are currently sitting just above support
The Dow Jones Industrial Average futures fell during the session on Tuesday as the market sold off in general. We are currently sitting just above support though, and this gives us hope that perhaps today will be a positive session. The 12,800 level looks supportive, and therefore any type of supportive candle in this region would have us buying this market. However, if we managed to break down below it on the daily close, we feel that this market would start to fall and perhaps even as low as 12,400 or so.
Dow Jones Industrial Average Futures November 28, 2012, Technical Analysis
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
