Chart of the day: DJ-30 (again)

September 13, 2011

Will BRICs save the markets?

We look at heikin-ashi charts to see signs of trend reversal.

haDelta in the second pane shows a weak positive signal but its average is still negative.

Heikin-ashi charts (first pane) shows a reversal candle.

The only real positive sign here is the positive divergence between heikin-ashi candles and haDelta in September.

Chart of the day 09/13/2011 Dow Jones Industrials Average

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