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Dow Jones – A sell below 17,885.5

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Dow Jones Industrial Average : Daily Technical Chart Momentum: MACD: Sell RSI: Bearish trend Stochastic: Buy signal, moving into overbought territory Daily Price Action Trend: Positive Last relevant high: 17,962.3 Last relevant low: 17,484.3 Comment: The Dow moved slightly higher yesterday even after less than impressive corporate earning with the market forming a new high for the calendar year. From a charting perspective we note that the stochastic is now moving into overbought territory and

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