The bottom indicator suggests any change in momentum will be downward as several different momentum lengths are all peaking around the same time,
Notes: US30 (AKA Dow, YM) In upper chart in RENKO
Therefor the time axis [x] is irregular. But the time of interest is NOW (where the penguin lies)
Notes: US30 (AKA Dow, YM) In upper chart in RENKO
Therefor the time axis [x] is irregular. But the time of interest is NOW (where the penguin lies)
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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.