Dow Jones remains the weakest US index and is in a downtrend as highlighted by the 55 SMA slope.
The downtrend is generated by the US/China trade war issues. Headline risk is present.
We favour further downside through the continuation level.
The downtrend is generated by the US/China trade war issues. Headline risk is present.
We favour further downside through the continuation level.
Join over 42,000 traders and get the Forex Course for Smart Traders - 17 in-depth lessons - always 100% free at MarketMates.
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.
Join over 42,000 traders and get the Forex Course for Smart Traders - 17 in-depth lessons - always 100% free at MarketMates.
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.