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Dow Jones: Sell pattern in the making?

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 17, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Dow Jones Industrial Average - Daily Chart Momentum: MACD: Positive RSI: Neutral Trend Stochastic: Buy Daily Price Action Trend: Negative Last relevant high: 16,485.8 Last relevant low: 15,503.0 Comment: A boost in Chinese markets helped lift the Dow yesterday, but we have limited technical change. Following on from our recent market reports we do remain in a bear trend. We have also highlighted that we could have an arguable high in the Dow at 16,202.0 formed on the negative session of the

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