Dow Jones Industrial Average (DJIA)
trend: up trend and medium-term consolidation of the Daily chart, short-term downtrend.
Formations: 3 sequentially lower tops and bottom deeper than the previous one.
Price below moving averages, which are arranged in bearish formation.
CCI is below 0 strong bearis bar confirming the negative sentiment.
Sentiment: prudence befor today's NOfarm Payrolls.
If the data is good it will increase speculation about interest rates
It is possible corrective movement lasted just over 17,464 where they can look for new places to sell.
Стефан Димов Ангелов - Head of Stocks Trading
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