Dont be too happy or sad about Dow Jones because we wont know what will happen next. Is this a dead cat bounce or a discount buy?
It look like the whipsaw is stabilizing but we are still uncertain about it.
1) Trendline - Downtrend- (Bearish)
2) Formed lower low - (Bearish)
3) MACD - Formed 4R1G (Bullish)
4) RSI - Broke above 30% (Bullish) -
5) Sto - Formed Bullish Crossover and broke above20% (Bullish)
6) ADX - high momentum and Bearish( Bearish)
7) Candle Stick - Hanging Man (Bearish)