Microsoft Corp.Short
MSFT Showing Signs of Stepping Stone Redistribution
See chart for annotation. This does not bode well for DJIA. We have had lower highs in what can be argued to be two consecutive LPSYs. Next move would likely be a major SOW that shoves a new low.
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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.