Forecast of Next Week Dow Jones Index

So, DJI basically is in a short-term bullish period for me now, but with low - medium momentum. A couple days ago, after resting for almost 1 month, DJI finally broke out 24736 and now make a move to level 26650. I still have confident the upward movement still continue, but perhaps there will be pullback to 24735 first next week.

We will analyze market further after reaching the resistance 27300. This is the last defence line for the seller to keep market under their control. If, somehow buyers can take this line as their territory, we will see more higher movement for DJI in the next period.

Until that happens, we still watch closely about the movement of this index.

I stay my bullish view for DJIA.

Jee