DJIA - forming a hammer? fed cuts rate by 75 pts



Your Ad Here
DJIA = 11,.971.19

DJIA formed a black candle with lower low and lower high. Volume increasing.

news: Fed cuts rate by 75 basis points, rumors are that it will cut 50 more point in the upcoming meeting.

DJIA seems to have formed a hammer, will be confirmed if DJIA forms higher lows and higher high in the coming days.

Good luck to all traders!
Your Ad Here


Comments

Popular posts from this blog

EDC - found trough and possible new support level to form steep demand line

BSP eyes measures to curb peso climb

PSEi - big black candle