Dow jones weekly technical forecast for 13 to 17 june 2016

Dow jones weekly technical forecast for 13 to 17 june 2016 Dow jones index this week closed at 17865 with gain. Dow jones on weekly chart suggesting bottom out process and much high targets on outperformance.   For next week, Dow jones outlook remain bullish and buy on dips. Above 17700 DJIA remain buy for targets 18080 which is got achieved in this week.   Next target will be 18350. On downside 17750 and 17700 are support zones as well as fresh long entry points for future traders with stop-loss.   If sustain above 17500-17700 zone then expect Dow future around 19000 in medium terms.

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Pramod Baviskar

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