January 7, 2014

Dow Jones analysis after closing bell

  • Dow Jones daily chart shows bearish price action after big divergence with RSI.
  • Correction is yet to test the 23.6% Fib level. Daily MACD shows a bearish alignment as shown in chart 2 and May extend the correction towards 20 Day SMA initially. 
  • BLACKBERRY Bullish price action and Resistance levels

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