Posted 14 November 2010 - 10:28 AM
Hi everyone, here is the
INDU daily chart depicting a deteriorating RSI, negative MACD, and its Slow STO declining below its signal line.
The INDU currently appears headed towards its 50 DMA.
Here is the INDU daily TL chart:
http://www.chart.nu/...0&filter=34.png
Here is the INDU weekly TL chart:
http://www.chart.nu/...7&filter=21.png
Here is the INDU monthly TL chart:
http://www.chart.nu/...00&filter=5.png
Cheers,
Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.