Monday, June 26, 2017
27-june-2017 Dowjones Index Summary
Currently, Dow as it shown on the candlestick chart flow shows that it reached and passed the head on 20th of June.
As it seems, but if you change the view then it have met 20 day average daily volume resistance on the 360 candlestick chart.
Also Dow chart have grown its movement lean towards the bull market it gives bigger gap to 20 day average daily volume.
Which tells this is buying point after the 4 days of decrease after the increase on the 20th of June. If there is more strong momentum that drives the increase it may be though the highest point on the 20th of June, but by the analysis of 360 candlestick chart it seems unreasonable.
Approximately 4 days of decreasing market should give same effect and period towards the steady market, but it is estimated and expected to have more increase in the future.
source:http://iscom99.blog.me
Subscribe to:
Posts (Atom)