Dow Jones: technical analysis update

By | 18 November 2016

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The situation on the markets in recent months is very uncertain. In the month of November the world’s leading index, Dow Jones Industrial, seems to be back on an upward trend that has led to new record highs. The reason that gave this impulse of confidence could be: the imminent rise in interest rates in the US by Fed or the unexpected results of the US presidential elections. It is not possible to justify the performance of markets anyway.

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This upward force is confirmed by the chart with monthly HA candles that gave a positive trend signal after the month of October that closed in negative territory.

The DIRAMCO Portfolio is waiting for confirmation of trend in the coming months.

Questo post è disponibile anche in: Italian

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