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karndam
7 feb 2016 19:18

DOW : Channel trade? 

Dow Jones Industrial Average IndexDJ

Beskrivning

DOW, it can look like the same of SPX500 and NAS100,
However, i think it can trade in channel. It is downtrend channel and it is break TL in weekly chart.
It will go to sideway for a while.

Kommentera

I forgot that RSI is bullish divergence in the last two lows.

Kommentera

Now it is going to the top TL.
Mer