$DJIA -Awaiting Apex's End *2W
Updated
Big Move incoming for Dow Jones Industrial Average.
DJIA has created Triangle's Apex approaching the end .
Note that this is a Neutral Pattern, it can go each ways ;
Bearish and Bullish.
(depending on
DXY, Geo-Politics & Macro Economics conditions)
For now, it's better to observe and stay sharp and await for further confirmations.
Nothing is clear yet TA speaking forDJIA
DJIA is one of the Heaviest Financial Sector for United States.
That being said,
it is very important to always have a lookout of its Price Action
and Trends Directions for further clarification of how other US Financial Sectors
will perform.
A Change of Charachter would definetely bring more clarification of reaching levels
of ATH or LOW
At the time of this idea being released price is finding some support at S/R
zone and 20-50EMA over maintaining their bullish crossover.
For now, it's better to observe and stay sharp and await for further confirmations.
Nothing is clear yet TA speaking forDJIA, as well taking in to consideration
The Debt Ceiling decision that is yet to take place.
TRADE SAFE
***
Note that this is not Financial Advice !
Please do your own research and consult your Financial Advisor before partaking
any trading related activities based soly on this idea.
DJIA has created Triangle's Apex approaching the end .Note that this is a Neutral Pattern, it can go each ways ;
Bearish and Bullish.
(depending on
DXY, Geo-Politics & Macro Economics conditions)For now, it's better to observe and stay sharp and await for further confirmations.
Nothing is clear yet TA speaking for
DJIADJIA is one of the Heaviest Financial Sector for United States.That being said,
it is very important to always have a lookout of its Price Action
and Trends Directions for further clarification of how other US Financial Sectors
will perform.
A Change of Charachter would definetely bring more clarification of reaching levels
of ATH or LOW
At the time of this idea being released price is finding some support at S/R
zone and 20-50EMA over maintaining their bullish crossover.
For now, it's better to observe and stay sharp and await for further confirmations.
Nothing is clear yet TA speaking for
DJIA, as well taking in to consideration The Debt Ceiling decision that is yet to take place.
TRADE SAFE
***
Note that this is not Financial Advice !
Please do your own research and consult your Financial Advisor before partaking
any trading related activities based soly on this idea.
Note
Correlation between DJIA and Dow Jones Transportation index
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