Get started
OPTIONS-QUANT

Dow Jones Monthly Chart:

Dow Jones Industrial Average Index (TVC:DJI)  
OPTIONS-QUANT Updated   
TVC:DJI   Dow Jones Industrial Average Index
Trend Analysis Trend Lines Support and Resistance dowjonesanalysis dowjones dowjonesindustrial Monthly Charts
5
0
trendanalysis trendline supportandresistance dowjonesanalysis dowjones dowjonesindustrial monthly
Dow Jones Monthly Chart:

The index is approaching the levels from where the index has broken out in the month of May-2015 and August-2016. The break out levels are 18400 and 18700 respectively. (Red Line)

Around 18000-18200 the trend-line joining highs of 11700 (Jan-2000) and 14200 (Oct-2007) is also lying. (Blue Line).

For educational purpose.
Comment:
As mentioned on 21st March 2020, regarding Dow Jones Industrial Index approaching towards the strong support zone of 18000 to 18200. On 23rd March 2020 the index hit a low of 18213 and bounced 2500 points which is more than 13% in couple of days.

Time will tell if the lows are held or not.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.