Momentum:
MACD: Positive
RSI: Positive Trend
Stochastic: Sell signal, in overbought territory
Daily Price Action Trend: Positive
Last relevant high: 17,099.3
Last relevant low: 16,510.5
Comment:
The Dow finished higher yesterday helped by rallying oil prices. Like the FTSE report we do not have a great deal to comment on, with such a small move we have a very limited change to the technical picture, the current sell pattern remains on the market and this will remain in play today unless: 17,072.8 is bettered without 16,921.5 being broken by the close of trading.
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