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DJIA: Price action neutral ahead of US GDP

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 26, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Dow Jones Industrial Average - Daily Chart Momentum: MACD: Positive RSI: Positive Trend Stochastic: Sell signal Daily Price Action Trend: Neutral Last relevant high: 16,698.0 Last relevant low: 16,165.8 Comment: The Dow rallied yesterday, forming a buy pattern and even forming a new relevant high. Volume remained light ahead of today’s GDP figure which will be closely watched around the world. As mentioned in all of this week’s reports there is to much risk in opening new trades until after

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