April 5, 2016
Dow Jones Industrial Average – Bull Bias – True or True?
The market started bearish, but the bull came in to drive the bear out. The market closed halfway of the month although it was still bearish. The next month the market was confused and indecision. The month closed doji with a long shadow, thereafter the bull drive the market north, a strong closed above the open of the year. So net net, the year has started bull bias for the first three months. Picture worth a thousand words. April has started bullish, but the month is still young.
April 5, 2016 Dow Jones Industrial Average, ^DJI
Moses Stocks Analysis and Scan
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