Dow Jones Analysis (27/8/15) Long

Index of top 30 shares on Wall StreetFXCM

Description

⋅ Aug 27, 2015 8:30 AM

This is a possible scenarios how the mkt gonna playout...
In nutshell, Dead cat bounces in the progress... 1659x and 1705x will turn as BIG resistance for advancement.. as trader will sell it out and run as the price advances..

So, the rally will be possibly short lived...

I am cautiously bullish Only..

Sonic

dowjones

Comments

SonicDeejay

⋅ Aug 28, 2015 10:25 PM

Playing out well as expected 1667x level now... Next week will super week with many high impact news..

SonicDeejay

⋅ Aug 28, 2015 1:47 PM

Price touch 1659x , first level as expected..

SonicDeejay

⋅ Aug 28, 2015 1:46 PM

I am using EMA 34 hi,low,close as always,, :)

Red_Eagle0

⋅ Aug 27, 2015 5:20 PM

hi...
which one is best to use sonic r dragon indicator or moving averages of 34 & 89?