Dow Jones Index broke the downtrend line but is the testing the resistance at 11553. Breaking this will show another bullish trend upward
Observation
1) Trendline - Uptrend- (Bullish)
2) Formed lhigher high - (Bullish)
3) MACD -Broke above 0 (Bullish)
4) RSI - Retracing from 70% (Bearish) -
5) Sto - Forming Bearish Crossover which show some slight bearish in progress (Undetermined)
6) ADX - low momentum and Bearish( Bearish)
7) Candle Stick -Inverted hammer after shooting star (Bullish)
8) VIX - Going up ( Bullish ), VIX broke the uptrend and going down and many indicators which showing that it will go down more which provide a positive impact on the USA index
2Points
5 Points
Winner BULL
Hopefully Europe Positive Trend and Google and Tech Sector will continues to push up the USA index.Entry Price 11560
Resistance at 11706 and 11884
Support a 11015,10931 and 10690
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