DOW : Channel trade?
Updated
DOW, it can look like the same of SPX500 and NAS100,
However, i think it can trade in channel. It is downtrend channel and it is break TL in weekly chart.
It will go to sideway for a while.
However, i think it can trade in channel. It is downtrend channel and it is break TL in weekly chart.
It will go to sideway for a while.
Note
I forgot that RSI is bullish divergence in the last two lows.Note
Now it is going to the top TL.
Related publications
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.