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Dow Jones – Sell signals across the board

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 6, 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 moving out of overbought territory Stochastic: Sell signal Daily Price Action Trend: Positive Last relevant high: 17,811.5 Last relevant low: 17,399.0 Comment: The Dow dropped again yesterday led by banking stocks and oil prices. From a technical point of view we have sell signals across the board from the momentum indicators, which we can only take as a bearish sign! Clearly the price action is the

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