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Dow Jones – Bullish trend in play

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Dow Jones Technical Analysis: Daily Chart Momentum: MACD: Positive RSI: Positive Trend, in overbought territory Stochastic: Buy signal, moving into overbought territory Daily Price Action Trend: Positive Last relevant high: 17,811.5 Last relevant low: 17,399.0 Comment: The Dow dropped sharply at the open after the non-farm figures but closed at a calendar year high. You could say it was as hard to predict as the T20 cricket final…. Not that we are still upset…. Anyway back to the markets… The

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