Euro Consolidates After EU Leader Comments

Dow Jones Industrials:

The Relative Strength Index (RSI) on the 4-hour chart currently shows the Dow Jones in overbought territory. This typically indicates that a downward correction is imminent. The Stochastic Slow on the daily chart currently shows a cross above the upper resistance line, which lends support to the theory that a bearish trend may occur in the near future. CFD traders are advised to go short with tight stops today.