Pages

Tuesday, October 21, 2014

Dow 60 min.

charts by www.stockchart.com
Technically the Dow is still Bearish
albeit it had an Early crossover 'Buy' signal. Price needs to break above the 50% retrace Fib. (cloud) test and hold then push off the cloud to confirm a "Turn" to bullish. The KST hasn't crossed yet and the Pring's Stocahastic setting looks to be getting close to an 'early' crossover, Conclusion....more downside to come in this wave structure. PS Daily KST is still Bearish.  Good Luck!

No comments:

Post a Comment