Hello Friends!
Dow Jones has been on a nice trend since 2009 and then covid hit and the FEDs pushed it back up. But it overshot (blue channel) and now they’re trying to get back into the 2009 channel. There’s a lot of external factors that show signs of weakness. It seems like it has its eye on the Nov 2020 gapfill. If it fills, it might be the correction that will create a solid support and push it firmly into the 2009 channel.
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
*This information and publication is not meant to be, and do not constitute, financial, investment, trading, or other types of advice. Do your own research.
Dow Jones has been on a nice trend since 2009 and then covid hit and the FEDs pushed it back up. But it overshot (blue channel) and now they’re trying to get back into the 2009 channel. There’s a lot of external factors that show signs of weakness. It seems like it has its eye on the Nov 2020 gapfill. If it fills, it might be the correction that will create a solid support and push it firmly into the 2009 channel.
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
*This information and publication is not meant to be, and do not constitute, financial, investment, trading, or other types of advice. Do your own research.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。