DJIA daily returns into a pattern which is a good sign, but it is doing on lower volume which is more bearish than bullish. It touch the resistance line and got rejected right away which is a sign of weakness.
Volume does not confirm this move at all and is a sign of a likely move down.
Price is above all major MA which is bullish.
RSI is neutral.
MACD is showing some weakenest and is due to drop.
Overall: even though the price return in a triangle it doesn't show us a strong move. The is more chance for DJIA to drop than to have a strong up move. A drop below 20 and 50 days MA would confirm a bigger drop.
On the other side, a rise above the upper blue line would be an indication of the bull move.
Volume does not confirm this move at all and is a sign of a likely move down.
Price is above all major MA which is bullish.
RSI is neutral.
MACD is showing some weakenest and is due to drop.
Overall: even though the price return in a triangle it doesn't show us a strong move. The is more chance for DJIA to drop than to have a strong up move. A drop below 20 and 50 days MA would confirm a bigger drop.
On the other side, a rise above the upper blue line would be an indication of the bull move.
Consistency is the key of success....
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Consistency is the key of success....
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。