DJIA - possible bullish engulfing

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DJIA = 12,980.88 (1.42%)

DJIA formed a white candle with lower high but higher low. Volume was significantly decreased. Mixed signals but might be bullish.

DJIA formed a shaven white candle which engulfs the real body of the previous black candle: possible bullish engulfing. This can be considered a possible reversal and can be confirmed if the following trading days will form higher lows and higher highs.

Black Friday. The day after the Thanksgiving. Start of holiday shopping in the USofA.

Good luck to all traders!

I hope PSEi takes its cue from DJIA and forms higher lows and higher highs on monday :)

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