Saturday, July 30, 2016

DOW bearish

DOW as at 25th July ... MACD pointing down. SHORT.

Updated ... last night DOW down some 24 points. MACD bearish cross-over seen.

Technically .. it is early sign of bearishness ... we shall wait for the 20MA (the red line) as support.

We could see short rebound from here before a correction in place. Watch August ...

Have a nice weekend as I do have 3 classes today.


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