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Is DX primed for upward momentum? 200 Day Moving Average Support shows up after a flat session
DX closed flat on Monday, August 3rd with volume at 0.9× average. Mixed technical signals appeared with 200 DMA Support suggesting upside potential, while 50 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 12.63, 12.55 & 12.44, with resistance at 12.83, 12.94 & 13.02.
Current SwingTradeBot Technical Rating of DX: C
There’s more where that came from. See all of today’s signals for DX here.
Read full article here »