DJIA - continuing downtrend but seems to have found support
DJIA = 13,266.29 (-0.25%)
DJIA formed another black candle with lower high and lower low. It seems to be forming a hammer candlestick which could be a signal for a reversal. We will know for sure if it has reversed if DJIA forms higher highs and higher lows after the possible hammer.
Good luck to all traders!
DJIA formed another black candle with lower high and lower low. It seems to be forming a hammer candlestick which could be a signal for a reversal. We will know for sure if it has reversed if DJIA forms higher highs and higher lows after the possible hammer.
Good luck to all traders!
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