5 May 2020 swift evaluation of DJI

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A swift evaluation is conducted based on a single day without look back.
DJI is currently in a bull trend.
Prices are trading in a range of approximately 492.8 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 23578.55 - 24187.65.
Prices are consolidating between 22941.9 - 24764.8.
If strength and trend continue, DJI is trying to reach 23662.71.

Suggested stops in a Bullish environment.
Last Price - (ATR * 1.5): 23143.90
The trend moving average: 23610.3
SAR: 23361.2

Penafian

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