Today Dow Jones will have 2 main highlights
1) German Parliament Vote for Greece Bailout == Passed !!
2) GDP for USA, if above 1.2 up up = It is 1.3% Passed !!
With this today Dow Jones might shoot up again
Observation
1) Trendline - downtrend- (Bearish)
2) Formed lower low - (Bearish)
3) MACD -Bullish Crossover (Bullish)
4) RSI - Broke above 30% (Bullish) -
5) Sto - Formed Bullish Crossover and broke above 20% (Bullish)
6) ADX - high momentum and Bearish( Bearish)
7) Candle Stick -Dark Cloud (Bearish)
8) Global Factor - German Support Yes for Greece Bailout ( Bullish)
9) USA GDP - 1.3% meet expectation ( Bullish)
4Points
5 Points
Conclusion
Winner BULL
WIth good news, let hope Dow Jones will take this opportunity to break the previous high to form higher high to show a strong bull trend
Entry Price 11560
Resistance at 11706 and 11884
Support a 11015
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