DJIA: Setup for a sell pattern

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 29, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Dow Jones Industrial Average: Daily Technical Chart Momentum: MACD: Positive RSI: Positive Trend Stochastic: Sell signal Daily Price Action Trend: Neutral Last relevant high: 16,796.0 Last relevant low: 16,165.8 Comment: The Dow fell Friday with GDP dominating the session, yes the market fell on Friday but did end the week higher. Traders most note that volume was low last week and with the non-farm figure on Friday we could experience that same light trading for the next five sessions.

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