Daily Commentary and Analysis

This is the chart of yesterday trading day. Current daily trend is still down but some indicators are showing opposite. It means current daily downtrend is weakening. Based on some other analysis, overall trend is still bearish.

We will post our commentary next week. Stay Tuned!

Thanks for listening

Good luck

DailyCom

Technical Trading and Fibonacci

Technical analysis is a study of price patterns on charts. That includes studies of price ratios. Fibonacci is one of the interesting, well-known and commonly used analytical tools in T.A. To learn more about Fibonacci for FREE, please visit here.