The quarterly price candle on the Dow Jones Industrials Average (DJIA) is looking like a long-legged doji, one of the most striking signs of reversal in Japanese candlestick analysis. The fact that such rare candle formation is shaping up on the quarterly chart (not a daily or weekly) implies further downside in the subsequent three-six months, ...

2018-03-23 Ashraf Laidi Read more
Dow Jones Technical Analysis 19-01-18

Dow managed to hold its trades above the support level of 25600 where over the last few days it has been heading towards a drop correction. Intraday Levels are now protected by support levels at 25850 and 25700 where, as long as the market holds its trades above the uptrend wave, will sustain itself towards the 26200 and 26350 targets. Bel...

2018-01-19 Orbex Read more