Thursday, 7 March 2019

DJI: Dow Jones index pulling back after hitting old resistance levels!

DJI: Dow Jones index pulling back after hitting old resistance levels at the 26208 resistance zone!

Consilidation risk back down to the bottom end of the weekly cloud chart level :25115!


DJI daily cloud chart: Reversed lower after hitting resistance at 26208! Consolidating now down towards next support level of 25007! Note MACD sell signal recently. Looking out for a rebound at key support levels, but the index is undergoing a much needed consolidation of the recent rally.





No comments:

Post a Comment