DOWI: The next three days are important
The next three days are very important for DOWI. In deed we are on the eve of the TENKAN-KIJUN twist far outside the Kumo cloud, which may very much mean that if the reversal is confirmed, this will be preety strong.
On the Kumo Cloud side of the story, although the next 23 periods appears to be on the upside of the story, if the Candle are crossing the cloud, it may cross at the thinner part of the cloud, which means that it will be an easy crossing down the cloud.
The Lagging span's path is also important. If the Lagging span starts crossing the candles, it may be very much the second signal.. Let's wait and see.
On the macro economic side, bare in mind the end of QE3 in Ocotber, no change in interest rate at FED i.e figures are yet not as good as one would expect, ECB's QE is not as strong as market was expecting. Geopolitical environment is doji but yet not enough to have a clear impact but uncertainties for the market
On the Kumo Cloud side of the story, although the next 23 periods appears to be on the upside of the story, if the Candle are crossing the cloud, it may cross at the thinner part of the cloud, which means that it will be an easy crossing down the cloud.
The Lagging span's path is also important. If the Lagging span starts crossing the candles, it may be very much the second signal.. Let's wait and see.
On the macro economic side, bare in mind the end of QE3 in Ocotber, no change in interest rate at FED i.e figures are yet not as good as one would expect, ECB's QE is not as strong as market was expecting. Geopolitical environment is doji but yet not enough to have a clear impact but uncertainties for the market
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