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DJIA: Better risk-reward for short positions

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 9, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Momentum: MACD: Positive RSI: Positive Trend Stochastic: Sell signal, in overbought territory Daily Price Action Trend: Positive Last relevant high: 17,099.3 Last relevant low: 16,510.5 Comment: The Dow ended its winning streak yesterday as disappointing figures from China and falling oil price had traders on the back foot. The market by no means crashed yesterday and some would argue after five winning sessions a negative day is due, we understand these points. But we need to follow the

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