December 3, 2013

Dow Jones analysis after closing bell


  • Yesterday's daily candle looks more bearish with today's price action, Needs price to close below 20 Day SMA for a bigger fall to happen.
  • Weekly chart need a close below 16000 levels for a bearish weekly formation to form.
  • Weekly chart with RSI and price has been showing negative divergence for quite some time without showing results.
  • GOLD Trend update
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