Dow Jones Industrial Avarage Price Movement For July 01, 2020

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On the 4-hour chart, we see that the #INDU has a potential to continue its upward movement to raid 26,573.9. The Stochastic Oscillator is already at the overbought level, although the index has formed a divergence too. The price has already closed above the Moving Average. Based on this fact, #INDU is going up soon as long as the price does not retrace downwards to close below 24,886.8.

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