Technical Analysis Indicate Initial Downtrend In 2016
Technical Analysis of the Dow Jones Industrial Average (INDU) in 2015 shows several signs of lower prices ahead, including a current downtrend and several spikes in heavy selling volume. The sharp decline last August has caused serious damage to markets technical signals.
Disclosure: I do not hold any positions in the stocks mentioned in this post and don't intend to initiate a position in the next 72 ...
Disclosure: I do not hold any positions in the stocks mentioned in this post and don't intend to initiate a position in the next 72 hours. I am not an investment adviser, and my opinion should not be treated as investment advice. I am not being compensated for this post (except possibly by Amigobulls).
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