WEEKLY LINE CHART
DAILY CHART
DAILY CHART
- The daily chart is still trading below 20 and 50 Day Moving average.
- The fib retrace level of 50% has been achieved at around 1071 and if trades above this level the next logical target should be the 61.8% retrace level at 1085.
- The weekly line chart is showing a channel formation. So any more upsides are possible on a break and close above the channel top line and the 50 week moving average will follow that.
- DOW JONES ANALYSIS AFTER CLOSING BELL
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