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DJI Price Bias Is Still Bullish
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The DJI,H4 price forecast in our July 2, 2020 technical analysis was bullish.
- Market data after DJI,H4 July 2, 2020 technical analysis still indicate bullish bias.
- DJI,H4 closed 0.4% higher on July 2, 2020.
- Above expected 4.8 million Americans returned to work in June.
Here is what indicators show as of July 6, 2020:
- The Parabolic Indicator gives a bullish signal.
- The Donchian channel indicates uptrend: it is narrowing up.
- The MACD indicator gives a bullish signal.
- The RSI oscillator gives a neutral signal.
- The Fractals give neutral signal.
- The MA(200) Indicator gives a bullish signal.
So the bullish forecast still stands for the DJI,H4.
| Order | BUY |
| Buy stop | Above 26266.3 |
| Stop loss | Below 25711.4 |
US Labor Department June jobs report
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