Trading DJIA: Sell pattern ahead?

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Dow Jones Industrial Average: Technical Analysis Momentum: MACD: Positive RSI: Neutral Trend Stochastic: Buy, moving into overbought territory Daily Price Action Trend: Neutral Last relevant high: 16,511.8 Last relevant low: 15,503.0 Comment: The Dow, very much like the FTSE ended lower yesterday but not before forming a new relevant high, therefore a sell pattern will be formed if by the close trading: 16,390.5 is broken without 16,511.8 being bettered. - See more at:

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