DJI analysis.

Discussion in 'Technical Analysis' started by viktor_k67, Nov 21, 2015.

  1. At least you are not telling that we are back in the Bull market. When different people come to similar results by using different tool it tell that it is OK. I am trying to look a month ahead. I agree that there is down pressure and the closer DJI comes to its resistance set on November 3rd, the stronger pressure will be. If the DJI reverses down, the closer it gets to the support set on November 13th, we will see increasing bullish pressure. The Bulls are not exhausted yet, just to give up. Unless we see strong increase in the Bearish pressure when the Bears wipe everything out on their way, I guess we will see bouncing up and down until one of the parties (Bulls or Bears) weakens.
     
    #11     Nov 23, 2015