While the Nasdaq (NDX) and S&P500 Index (SPX) already closed below the EMA100 blue line, this isn't true for the Dow Jones (DJI)...
We can see that the DJI managed to stay above EMA100 last week and moving below it just today.
These indexes move together though, so the DJI is not really 'stronger' just a bit behind the rest.
With EMA100 being lost as support, we can expect a major drop in the days and weeks to come.
You can find more details on the chart above or by clicking on the trade ideas below:
(Feb. 14) DJI And The 20 Year MACD Support
(Jan. 23) The Dow Jones Industrial Average Is No Exception (Crash)
(Jan. 26) Dow Jones Industrial Average Monthly Chart Analysis (30%+ Crash)
(Mar. 13) DJI Bear Run
Thank you for reading.
Thank you for your continued support.
Namaste.
We can see that the DJI managed to stay above EMA100 last week and moving below it just today.
These indexes move together though, so the DJI is not really 'stronger' just a bit behind the rest.
With EMA100 being lost as support, we can expect a major drop in the days and weeks to come.
You can find more details on the chart above or by clicking on the trade ideas below:
(Feb. 14) DJI And The 20 Year MACD Support
(Jan. 23) The Dow Jones Industrial Average Is No Exception (Crash)
(Jan. 26) Dow Jones Industrial Average Monthly Chart Analysis (30%+ Crash)
(Mar. 13) DJI Bear Run
Thank you for reading.
Thank you for your continued support.
Namaste.
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.