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tradingflywheel

US30 Price recovery. Probably TP 27100-27250 region

Long
Dow Jones Industrial Average Index (FX:US30)  
tradingflywheel  
FX:US30   Dow Jones Industrial Average Index
Trend Analysis
7
0
trendanalysis
Last Friday long tail Doji marks the short covering by shortist and market have found a temporary stop to the recent shortsell. looking to long till 27250 region for Tuesday.

Key pointers
1. 27250- 50% Fibo retracement
2. Confirmation of friday longtail Doji.
3.Stochastic over correction and turning up.
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