{"id":8585,"date":"2010-04-15T08:59:13","date_gmt":"2010-04-15T12:59:13","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=8585"},"modified":"2010-04-15T08:59:13","modified_gmt":"2010-04-15T12:59:13","slug":"dow-jones-industrial-provides-signs-for-reversal","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/04\/15\/dow-jones-industrial-provides-signs-for-reversal\/","title":{"rendered":"Dow Jones Industrial Provides Signs for Reversal"},"content":{"rendered":"<p><strong>By Anton Eljwizat<\/strong> &#8211; Yesterday\u2019s bullish movement in Dow Jones Industrial index has pushed  a number of technical indicators into the over-bought territory. As I  will demonstrate below, the price of Dow Jones may very well be heading  for a reversal. CFD traders can take advantage of this impending  movement by having their Entry Orders in place to capture this reversal.<\/p>\n<p>\u2022\tThe technical indicators used are the  Slow Stochastic, Relative Strength Index, and Williams Percent Range.<\/p>\n<p>\u2022\tPoint 1: The Slow Stochastic indicates a bearish cross, signaling  that the next move may be in a downward direction.<\/p>\n<p>\u2022\tPoint 2: The Relative Strength Index (RSI) indicates that the price  of this cross currently floats in the overbought territory, signaling  downward pressure.<\/p>\n<p>\u2022\tPoint 3: The William\u2019s Percent Range also supports the downward  direction.<\/p>\n<p>Dow Jones Industrial- 8 Hour Chart<\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/04\/dow-jones-15-4.JPG\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/04\/dow-jones-15-4.JPG\" alt=\"\" width=\"470\" height=\"587\" \/><\/a><\/p>\n<p><em><strong>Forex Market Analysis<\/strong><\/em> provided by\u00a0<a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\"><strong>Forex                Yard.<\/strong><\/a><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and                may not be suitable for all investors. There is a     possibility      that     you   could sustain a loss of all of your     investment and      therefore  you     should  not invest money that you     cannot afford to      lose. You  should  be    aware of  all the   risks   associated with   Foreign    Exchange  trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Anton Eljwizat &#8211; Yesterday\u2019s bullish movement in Dow Jones Industrial index has pushed a number of technical indicators into the over-bought territory. As I will demonstrate below, the price of Dow Jones may very well be heading for a reversal. CFD traders can take advantage of this impending movement by having their Entry Orders &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/04\/15\/dow-jones-industrial-provides-signs-for-reversal\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Dow Jones Industrial Provides Signs for Reversal&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-8585","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/8585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=8585"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/8585\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=8585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=8585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=8585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}