DOW managed to break the Median Line of Andrew's Pitchfork (Blue Dotted Line) and closed above 50% Fibonacci Retracement Level. Next resistance is seen at 61.8% Fibonacci Retracement Level and at the Centile of Andrew's Pitchfork. RSI is at 47.52 (30-Days) possible resistance at 50. See here for previous analysis http://pse-news.blogspot.com/2014/10/dow-lower-parallel-line-support-october.html
No comments:
Post a Comment