Article By RoboForex.com
Analysis for September 25th, 2014
DJIA Index
Probably, the price may have completed diagonal triangle pattern inside wave [5] of 5. The DJIA Index rebounded from the pattern’s upper border and, apparently, formed an initial descending impulse inside wave [1]. In the near term, the price is expected to resume falling.
Crude Oil
Possibly, Oil has formed horizontal triangle inside wave [4] of 3. If the price rebounds from the pattern’s upper border during the day, the market may start falling inside the fifth wave and break the minimum.
RoboForex Analytical Department
Article By RoboForex.com
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
