DOW JONESÂ Price Technical Analysis: Weekly Chart

In the weekly charts, DOW JONES is trading in an upward channel.
DOW JONES is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level.
DOW JONESÂ will follow an uptrend in the coming weeks.
The DOW JONES crucial support level is at 34,838 which is near 20 days SMA as of now. There are no signs of a bearish trend.
The bulls have their tight grip on DOW JONES.