Read more..
Let check on the Stock Analysis Chart for Dow Jones which was closed on 26 September 2012
2) Support/Resistance - formed Higher high ( Bullish)
3) MACD - Bearish Crossover (Bearish)
4) RSI - Broke below 70% (Bearish)
5) STO - Bearish Crossover and broke below the 80% support -(Bearish)
6) Ichimoku - a) Above support cloud (Bullish). b) Conversion line above the base line (Bullish.
c) Price above the baseline ( Bullish)
7) Candlestick - 3 black continuation candles after a shooting star. (Bearish)
Conclusion:
Bullish
Might observe a healthy retracement towards 13348 before going up again
Resistance at 13570/ 13932 / 14156 / 14338
Support at 13348/ 13242/ 12984 / 12803
0 comments:
Speak up your mind
Tell us what you're thinking... !