Dow Jones has had a very strong bullish run, we highly believe that this bull run should continue, essentially we mean that this should be a higher low and that the bull trend should continue.
Technical Indications:
RSI highly oversold, supporting the idea that this could be a higher low. When RSI is meets our fibs that generally signals a buy!
The 13 day EMA is very extended suggesting that the bull run is heavily extended and should have lots of steam to continue upwards.
Fixed volume range #1 is the beginning of the strong bull trend, or better said the continuation of it from the bigger dip.
Fixed volume range #2: the current play is supported here with the end of volume suggesting buyers could be in the game
Thats all we got! Check out some of the other trades we recently released!
Good luck trading!
Technical Indications:
RSI highly oversold, supporting the idea that this could be a higher low. When RSI is meets our fibs that generally signals a buy!
The 13 day EMA is very extended suggesting that the bull run is heavily extended and should have lots of steam to continue upwards.
Fixed volume range #1 is the beginning of the strong bull trend, or better said the continuation of it from the bigger dip.
Fixed volume range #2: the current play is supported here with the end of volume suggesting buyers could be in the game
Thats all we got! Check out some of the other trades we recently released!
Good luck trading!
