DJI will continue the upside momentum to reach the 27,000 level
After breaking the level of 26,000 thanks to all favorable economic data from US session last Wednesday 3 Jun 2020, DJI has successfully broke 26,000 and gone to the 26,372. The stock market stay positive for upcoming economic data on Thursday and Friday, esp for Non-farm Payroll on this Friday, 5 Jun 2020.
The long set up can be:
We look to buy in the range of 26,000 - 26,100
⛔️Stop: 25,900
🎯Target1: 26,760
🎯Target2: 27,000 (Fibo 78.6%)
The long set up can be:
We look to buy in the range of 26,000 - 26,100
⛔️Stop: 25,900
🎯Target1: 26,760
🎯Target2: 27,000 (Fibo 78.6%)