Watch Dow Utility Trend Lines
A break of the DJU trendlines could determine its course for the next several weeks.
A break above the DJU declining trendline from the December 2022 peak could open the door for a rally to 1,000.
A break below the DJU rising trendline from its October 2023 bottom could trigger a move back down to the October 2023 bottom.
A move below the weekly RSI moving average could be an important confirming sell signal.
A break above the DJU declining trendline from the December 2022 peak could open the door for a rally to 1,000.
A break below the DJU rising trendline from its October 2023 bottom could trigger a move back down to the October 2023 bottom.
A move below the weekly RSI moving average could be an important confirming sell signal.
