Pashabxl
Short

DOWI: What will fuel the market? Correction

DJ:DJI   DOW JONES INDUSTRIAL AVERAGE
The question one has to answer is what will fuel the market?
a European QE? Good economic datas? Unemployment rate falling down?
We are almost in a clear double top formation with neckline at 16345.
A correction may be very much healthy for the index.
There is no interest rate increase for FED before 1Q15 for sure apparently, which means that the risk of inflation is not that important and there isn't yet a real momentum to create job and decrease the unemployment rate.
Only a European QE may fuel the market on the upside.
Let's see.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out