Open trading account 
Stock markets bounced firmly last week. The Dow, Trump's favorite benchmark of presidental success, retraced just over 61.8% and nearly all losses from the previous week, before profit taking set in ahead of the weekend. Barring anything that would spook investors, I think orderly correction has some further to run after some initial consolidation in 10% range, especially if bond yields keep rising.
外汇社区博客
Dow jones 30
The Dow jones 30 is very close to the dynamic resistance provided by the upper edge of its bullish channel , beside this situation we have the bearish signal come by the SMI oscillator .
The RVI oscillator confirm an overbought situation that could lead the index down to the static resistance placed to 20400
The RVI oscillator confirm an overbought situation that could lead the index down to the static resistance placed to 20400
Warning sign for Dow Jones Index
This article is much interesting for traders who follow and invest in stocks. Much warning has been given,
http://www.readtheticker.com/Pages/Blog1.aspx?65tf=2516_now-is-the-time-the-end-is-near-2017-02 … #dowjones #FX #Forex #SPI
http://www.readtheticker.com/Pages/Blog1.aspx?65tf=2516_now-is-the-time-the-end-is-near-2017-02 … #dowjones #FX #Forex #SPI
USA30.IDX/USD - 1 DECEMBER 2016 TECHNICAL ANALYSIS FORECAST
Fig 1. Daily chart of USA30.IDX/USD with bolinger bands
Fig 2: Daily chart of USA30.IDX/USD with Fibonacci retracements
- The bolinger bands in Fig 1 show some flattening
- This could be an indication of an end to the bullish rise
- As shown in Fig 2 the bullish rise has been strong in 2016
- I expect the the resistance to be at the 100% retracement (the 2016 high) of 18688
- The support in the short term should come in at 17895 which is the 61.8% retracement level
- Expecting range bound trading in the period