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Dow Jones – Bias remains negative

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 12, 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: Sell signal Daily Price Action Trend: Positive Last relevant high: 17,811.5 Last relevant low: 17,399.0 Comment: The Dow fell yesterday in another session that started strongly and then dropped off to close towards the bottom of the day’s trading range. Technically we remain with a negative view across the momentum indicators and traders are simply waiting for a clear sell pattern to start

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