USA: the Dow Jones Industrial and the US dollar on key levels
​The Dow reached a clear resistance at 16525 points. Turning bearish at this level provides a good risk-reward ratio (as the stop-loss is nearby). The two bullish gaps should be filled as they are located in the midst of a consolidation and do not possess the usual features of impulsive gaps (i.e: volumes / resistance breakouts).
DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.