The Dow reached as low as 17905 earlier in the day, but has since recovered somewhat to 18150. Technically: The Dow is due for a large correction to the downside. There is strong divergence on the monthly chart towards 18500. The target would be the missed monthly pivot at 16300. Fundamentally: US stocks are due for a correction to the downside, because the...
FX:US30 Safe Trades;
US30 hourly triple top short, possible return back to the blue line
US30 Dow-Jones 17894 As we see over our previous chart, market managed to hold trades above support 17480 while broke the triangle formation as we see over the chart which managed to fuel the Dow rally so far market built support zone at 17690 – 17730 where as long as market holding above this zone will expect market to sustain advance toward 18000-100...
Potential US30 correction Price rejecting the downward trending high points making lower highs. Brexit is causing some trouble with potential weakening of the Pound/EUR MACD is showing divergence above the 0 level and could indicate price to go higher Daily candle shows high test / doji. Could wait to see if it turns around or keeps going..? Thoughts?