Dow jones Santa rally continues-watch targets 19625

Dow jones chart technical analysis

Dow jones chart technical analysis

Dow jones in last trading session set a really and closed at fresh high of 19549. Trump rally continues for US markets and we are seeing super bullish trend and new highs every days.   Dow future price trend and momentum both are strong bullish. My down jones December first swing target is at 19625 and we are near it.   Dow jones weekly closing above 19625 means fresh bullish breakout for my next target is 20095 for this December Santa rally.   Dow jones long term chart are suggesting 20000 to 20550 target zones for this long term Bull Run.Short and medium term charts indicators are bullish but overbought so keep strict stop loss for all long positions. If crash comes it will be deep and sharp.

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Pramod Baviskar

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