DOW JONES ANALYSIS AFTER CLOSING BELL

• Dow Jones has given a triangle break out. If this one is not a false break out the target is more than 10700.
• But for now The channel break out is were we have to concentrate. This is the first time a bullish candle has closed outside the channel in 32 days .
• The 20 day SMA is not captured yet. A successful close above this moving average.
• The 20 day SMA and 5 day EMA crossover has not yet done yet. MACD crossover is also not done yet.
• IF both the crossovers is done that can be confirmation of a successful triangle break out.

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