DOW JONES
Important Week ahead of us, all indications and indicators are showing strong momentum, so is expected to see prices break above this resistance?
If that scenario is to play out I want to see and decisive bullish candle breaks the resistance and a retracement to the resistance turned into support and a bullish engulfing candle for good measure, and that will indicate the beginning of the up trend.
However MACD is weakening and we are over-extended in the fork, dangerous at the moment to trade.
If that scenario is to play out I want to see and decisive bullish candle breaks the resistance and a retracement to the resistance turned into support and a bullish engulfing candle for good measure, and that will indicate the beginning of the up trend.
However MACD is weakening and we are over-extended in the fork, dangerous at the moment to trade.
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