Technical trend change has occurred on the Dow Jones
Angela Mangan
QMG Pty Ltd
The overnight decline on the US market has completed a technical top formation/ generated a technical sell signal on the Dow Jones. The Dow technical outlook has turned negative. The expectation is for further significant downside to occur from current levels. The S&P500 index also has the potential to generate a technical sell signal, and is currently holding only marginally above key support, which if broken would generate a sell signal.
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Angela has over 30 years experience in the technical analysis field. She provides technical analysis coverage of major Australian and global stocks / key markets, including provision of a bespoke technical service to wholesale clients.
2 topics
Angela Mangan
Technical Analyst
QMG Pty Ltd
Angela has over 30 years experience in the technical analysis field. She provides technical analysis coverage of major Australian and global stocks / key markets, including provision of a bespoke technical service to wholesale clients.
Expertise
Angela Mangan
Technical Analyst
QMG Pty Ltd
Angela has over 30 years experience in the technical analysis field. She provides technical analysis coverage of major Australian and global stocks / key markets, including provision of a bespoke technical service to wholesale clients.
Expertise
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