DJI - Weak trend but still bullish
Today, Monday 6/25, the Dow retested again the long-term uptrend, the moving average 200 days (yellow line): previously, the first time was at the beginning of April, and the second time was at the beginning of May. To keep the bullish sentiment in the stock market, the Dow must defend this support. Otherwise, I'd expect a huge increase in the volatility in the market.
Note
Nice performance: 1200 points in gains since I detected the buy opportunity in the Dow Jones.Trade closed: stop reached
Bullish party over
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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.