DOW JONES 1st time RSI oversold since September. Buy.
Dow Jones found Support on the 31710 level (Support 1) of the November 3rd Low.
The long term Pitchfork indicates that this is its bottom level.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 34350 (near Resistance 2). This is a similar impulse wave to June-July and October.
Tips:
1. The RSI (1d) hit the oversold barrier for the first time since September 30th.
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The long term Pitchfork indicates that this is its bottom level.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 34350 (near Resistance 2). This is a similar impulse wave to June-July and October.
Tips:
1. The RSI (1d) hit the oversold barrier for the first time since September 30th.
Please like, follow and comment!!
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