Technical Analysis: DJIA
Wednesday’s high range close sets the stage for a steady to higher opening Thursday in New York.
Stochastics and the RSI are Neutral to Bullish indicating that sideways to higher prices are possible near term.
Closes above the 20-Day MA crossing are needed to confirm that a low is in.
If the DJIA renews the decline off July’s high, the 50% Fibo retracement level of the February-July rally crossing is the next Southside target.
Latest posts by Paul Ebeling (see all)
Trade FX, Equities and Options with the World's Leading Platform Open an account here , call us at 305 4904 116, or email us to get started.
Tuesday's Technical Analysis: DJIA (.DJI) US30 Index (DJIA) CFD closed ... read more
Forex Technical Analysis: EUR, GBP, JPY, CHF Euro (EUR)EUR closed ... read more
Tuesday's Technical Analysis: Spot Gold Spot Gold closed higher Monday. ... read more
The Luxury Items That Most People Want For anyone who ... read more