Dow Jones (We may be going into a range bound market)

View On Dow Jones On (15 Feb 2018)


Dow Jones (and other major stocks markets) had strong up/rebound in last January.
Moving forward, it is getting obvious that the bullish momentum has slowed.

We are expecting that it is in the transiting toward a range bound market.
You will need to pay more attention as it can swing around (changing bull/bear candle) frequently. You will also need to lower your profit target expectation.

The nearest decent support is 25,000 and the resistant will be 25,500.




Nothing is certain in life. Our analysis can be right, and we can be wrong too.
Do your own due d diligence (DYODD), All the best and Read the disclaimer.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!

DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
We may (or) we may not take positions as discussed.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.