Dow Jones Industrial Average at major support: 15500

We will get a bounce but will it be a dead-cat bounce?

Dow Jones Industrial Average weekly chart_2016-02-11


Fibonacci Retracement Levels published on January 15, 2016
DJIA 5-year chart showing the fibonacci retracement levles

DJIA 5-Year Chart


“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

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