Dow Jones Technical Analysis after Last Night’s FOMC. Bulls Holding.
Dow Jones Technical Analysis Video
My technical analysis video comes before the quick FOMC review for some of the readers that may be interesting in that. Those that have already seen my videos on investingLive.com may know that I like to try to keep the charts real simple, yet effective. This means that I do not bombard my TradingView with 12 indicators and too many bells and whistles. So here it is on the 1hr timeframe, and a key bull flag that will be an important technical element in our “map”:
In this video, I break down the Dow Jones technical setup on the hourly chart following last night’s FOMC meeting. The Dow is currently sitting near yesterday’s close, and traders are wondering what comes next.
I walk through a bull flag…
