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AandAM Dow Jones Industrial Avverage (DJIA) End of week 24 June 2016

As per indicators the trend strength is not strong, it is expected to stay volatile and it may be BEARISH. We are BEARISH as per price action. DJIA looks BEARISH as per indicators and price action but when we consider the end of the day candles trend reversal may be on the cards.DJI cleared our safe exit target of 17029 and made a low of 16960. <br>

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AandAM Dow Jones Industrial Avverage (DJIA) End of week 24 June 2016

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  1. Dow Jones Industrial Average (DJIA) Our last week call (End of week 24 June 2016) DJIA SELL BELOW STOPS LOSS OPEN HIGH LOW CLOSE TREND BUY ABOVE STOP LOSS EARLY EXIT SAFE EXIT RISK EXIT EARLY EXIT SAFE EXIT 17744 18023 17181 17297 Short 17878 17797 18085 18175 18451 17326 17407 17119 17029 Our view on 24 June 2016 Indicators for the end of week As per indicators the trend strength is not strong, it is expected to stay volatile and it may be BEARISH. Priceaction for the end of week We are BEARISHas per price action. Our view DJIA looks BEARISHas per indicators and price action but when we consider the end of the day candles trend reversal may be on the cards. OUR CALL HITS BULL’S EYE DJI cleared our safe exit target of 17029 and made a low of 16960. The OHLC data for the week ended 01July2016are as follows: OPEN HIGH LOW CLOSE 17185 17901 16960 17849 Prosperous Trading!!! A and AM Consultants (P) Ltd. Please visit our website www.aandam.comfor further details.

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