DJIA: Profit taking in the long positions. Technical analysis for 29/07/2016

Forex analytics: Review and dynamics The rise in the U.S. stock indexes has suspended after the rapid growth since the beginning of the month. After reaching the new record highs at the level of 18620, the index DJIA started to go down and is now close to yesterday's and monthly lows near the level of 18370, which is close to the lower line of the ascending channel on 4-hour chart. Our opinion On the monthly ...