DJIA: Sell signal in play

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 1, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Dow Jones Industrial Average: Technical Daily Chart Momentum: MACD: Positive RSI: Positive Trend Stochastic: No clear signal Daily Price Action Trend: Neutral Last relevant high: 16,796.0 Last relevant low: 16,165.8 Comment: The Dow fell yesterday forming a sell pattern with an uptick in volume. It was a push lower in the final half of trading that left the market in the red as weak earnings from drug companies had traders clicking the sell button. Technically the next relevant low will help

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