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Dow Jones – Higher on oil rally

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 13, 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: Sell RSI: Bearish trend Stochastic: Buy signal Daily Price Action Trend: Positive Last relevant high: 17,811.5 Last relevant low: 17,484.3 Comment: The Dow finished higher yesterday as oil rallied, technically we have little change from yesterday apart from a buy signal forming on the Stochastic. We have been blogging about how important the price of oil has been to the markets for a while now and that has not changed.

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