DJIA: A possible sell

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Momentum: MACD: Positive RSI: Positive Trend Stochastic: No clear signal Daily Price Action Trend: Positive Last relevant high: 17,275.0 Last relevant low: 16,821.8 Comment: The Dow finished slightly higher in a lacklustre day on Wall Street, with a slight rally though we do form a new relevant high and therefore setting up a possible sell pattern. This pattern will be confirmed if by the close of trading: 17,161.3 is broken without 17,275.0 being bettered.

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