Dow Jones (
DJI) withstands all bearish struggles:
Click chart above to see the detailed analysis👆🏻
All major U.S. indices have been weakening lately but the Dow Jones is clearly the strongest of all. It seems like big institutions are shifting back to value stocks and therefore the Dow Jones remains very strong. Looking at technicals, this trend is rather likely to continue during 2025.
Levels to watch: $40.000, $50.000
Keep your long term vision,
Philip (BasicTrading)
DJI) withstands all bearish struggles:Click chart above to see the detailed analysis👆🏻
All major U.S. indices have been weakening lately but the Dow Jones is clearly the strongest of all. It seems like big institutions are shifting back to value stocks and therefore the Dow Jones remains very strong. Looking at technicals, this trend is rather likely to continue during 2025.
Levels to watch: $40.000, $50.000
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Dow Jones (DJI):Click chart above to see the detailed analysis👆🏻
Everything is playing out pretty nicely with stocks literally crashing but the Dow Jones clearly trading much stronger than everything else. Quite likely that this "value shift" is still in its early stages and the Dow Jones is heading for a propserous year of 2025.
Levels to watch: $40.000, $50.000
Keep your long term vision,
Philip (BasicTrading)
Trade closed: target reached
Trading update on Dow Jones (DJI):Click chart above to see the detailed analysis👆🏻
Just look at the beautiful rejection wick which is being formed on the Dow Jones. Perfectly respecting the horizontal level and soon also the bullish trendline, it is quite likely that value stocks will outperform during 2025. You just have to exclude all the short term noise.
Levels to watch: $40.000, $50.000
Keep your long term vision,
Philip (BasicTrading)
Keep your long term vision!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Keep your long term vision!
Free: Join our "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
Free: Join our "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.