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Dow Jones – Sell pattern ahead

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 22, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Momentum: MACD: Positive RSI: Positive Trend, in overbought territory Stochastic: No clear signal, in overbought territory Daily Price Action Trend: Positive Last relevant high: 17,645.0 Last relevant low: 16,821.8 Comment: In the middle of January not many people would of thought we could have had seven positive sessions in a row this year, but with yesterday’s higher close that is exactly what we have had. This is why we try not to ‘predict’ the market, we simple follow the market moves, we

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