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Friday, February 12, 2016

DOW Technical Analysis

Bursting Setup – DJI (Dow)

Earlier in the day we have seen a Major Breakout after the formation of
The Bursting Setup in MCX Gold 11February 2016. This is yet another live example in DOW Futures. The Bursting Setup is a breakout technique developed by The Financial Doctors.

This is a live example for DOW Futures (DJI)-

DOW Futures - 240 Minutes

DOW has already given this breakout of nearly 250 points in Intraday after breaking the Lower Price Wall of 15729. 
Prices consolidated. Price Pattern was acceptable. Volume Pattern was acceptable. Lets see how it goes.

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