stamoyo
Long

DJI Plausible further move

DJCFD:DJI   Dow Jones Industrial Average Index
The DJI was bullish for quite a long time until its short-term light fall. It resulted in forming a symmetrical triangle which is very often a continuation pattern. The RSI was bullish or above 70 points for a time until the slump and not it is in a very very down position which makes a further bear movement quite unlikely. A good upside move should take place in near future. Though, we will most probably see a 3rd touch to the green support line and then a strong bounce towards the highest thin black dashed line.
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