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Same as the NDX and SPX also the DJI is overpriced and expecting a correction.
We start with a small one only on the last movement and then for a bigger one.
RSI is negative and we already started the negative move to mid wing.
A Simple correction 1/3 FIB.
Very negative RSI
Last negative wing till major support
Negative RSI and current trend.
A finish of the negative movement with a RSI under 50 and droping after resistance that was not breached
Same as the NDX we have a correction on the SPX.
The very late correction.
we are awaiting that correction for too long and here we go.
went above every trend line breach after breach without correcting.
Still an open gap at the bottom of the last rally.
FIB is at the trend.
First TP at 0.618 and its a hell of a move.
RSI negative and yet dose not show on the chart which means there is going to be a high ...
Started correction on dax with a negative open gap and in addition a negative RSI.
Strong correction from a very high point.
First TP is 1/3 FIB
The left rally of the M and the mid one is same spread which indicates a negative M pattern.
Its a small trade so better with high volume.
RSI shows negative as well and well under 50.
All of 2017 is in 4 trading wings.
We are about to go from bottom wing to the 2ND one.
RSI developed a strong positive rally and every time he dose we have a strong clime.
MA 50 is there to support just before the breach.
Gold gave a very good rally but its time for correction.
1/3 FIB is T.P 1.
MA 50 is there to support it.
RSI Broke 50 and going under.