Still very volatile the dow jones industrial index during today's session and first white candle after 6 black candles in a raw. The question is: has the fall ended? Or is it just a technical movement after one of the weakest weeks of the last 2 years?

It's hard to say, and we'd better wait a few sessions more to get a better view of the future. It doesn't happen every day to see the DJ industrial index 300 points down, minimum at 11.644,81 and then up to 12.270.  Highest volumes of the past two years. First Target is set at 12.550 that will be reached quickly, above this level the second target is set at the 38,2% of the Fibonacci retracement.

T1: 12.550

T2: 12.840

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Fibonacci  Target  Technical Analysis  dow jones indutrial 

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