Dow Jones (DJY0) Daily (04.Oct.2014) Technical Analysis Training
Dow Jones Industrial Average (DJY0) Daily Diagram Technical Analysis Training shows the following:
The DJY0 index has reacted from KUMO towards to Kijun Sen(blue). Now the Index is under the Tenkan Sen(Green) and Kijun Sen(Blue) too.
So the first think in mind is the case of a further reaction above the Kijun Sen. MACD is bearish and RSI is looking 50.
There is no special candlestick pattern except the long green (bullish) full candlestick There is no special general pattern.
Long above Kijun Sen stop loss or short under 16910 (0.764 of fib).
The DJY0 index has reacted from KUMO towards to Kijun Sen(blue). Now the Index is under the Tenkan Sen(Green) and Kijun Sen(Blue) too.
So the first think in mind is the case of a further reaction above the Kijun Sen. MACD is bearish and RSI is looking 50.
There is no special candlestick pattern except the long green (bullish) full candlestick There is no special general pattern.
Long above Kijun Sen stop loss or short under 16910 (0.764 of fib).