octradr
Long

Dow may have found its bottom

DJCFD:DJI   Dow Jones Industrial Average Index
Everything is happening fast so here it is. The fast downtrend resistance line (red line) couldn't hold the bulls and the short-term rising support currently supported around 24475 is still holding. EMA crossovers are in process. 24217 is the main support for this bullish push. 3/2 1:04
Comment: The quick run is over and the main support is still intact. It's beginning to consolidate and the Bears may have put a halt to this run. The 24217 support is still a good support if you are bullish on the market. 2:00
Comment: Nice run up so far but found resistance at 24,500.
New short-term support at 24,716. 3/6 2:03
Amazing how this bottom held isn't it? 3/22/18 13:35
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It closed at 24398 but formed a hammer. Lets give it a little more time to see how it plays out. 1:50
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The market is taking a break right now but a close under 24400 on the 15 minutes indicates that the bull's steam dispersed. 1:34
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Rising support is still holding but it is being tested. 1:22
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