- Dow Industrial y Dow Utilities aun no exceden el nivel de retroceso fibonacci de 61.8%.
- Dow Utilities cerro la semana pasada con una vela japonesa tipo ahorcado. Esta es una formacion que indica una reversa de la tendencia alcista.
- El Dow Transporte esta por terminar una formacion de banderín. LA formacion de banderín es normalmente una formacion de continuación alcista.
- Dow Industrial and Dow Utilities have not exceeded the fibonacci retracement level of 61.8%.
- Dow Utilities closed last week with a hanging man candle. This is a formation that indicates a reversal of the uptrend.
- The Dow Transportation is about to finish a pennant formation. The pennant formation is a bullish continuation formation.
We will see a major uptrend if there is a break in the Dow Industrial of 13.210, 470 in the Dow Utilities and 5215 in the Dow Transport. Alternatively we will be just facing a temporary correction and markets may reverse to the downside. Good luck!