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Technical Analysis DJI : 2016-04-07

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Lower Q1 corporate earnings expected US stocks have been declining since the start of this week ahead of the corporate earnings season for Q1 in US. The first data will appear on April 11. According to Thomson Reuters consensus forecast, the gross earnings of S&P 500 components will fall by 7.1% compared to the Q1 2015. Moreover, some investment bankers worry the earnings may fall by more than 9%. Let’s consider the Dow Jones industrial average stock index as it embraces industrial

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