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DJIA: False signals leading up to NFP

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 2, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Dow Jones Industrial Technical Analysis: Daily Chart Momentum: MACD: Positive RSI: Positive Trend Stochastic: No clear signal Daily Price Action Trend: Positive Last relevant high: 16,865.5 Last relevant low: 16,510.5 Comment: The Dow rallied on the first session of the new month yesterday, we should note history suggests that March is normally a strong month for the US markets, but it could just be we saw an uptick in oil prices! We warned yesterday that we could see a number of false signals

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