#DJI Down Jones Analysis for short term or swing trading Short

Dow Jones Industrial Average IndexDJ

Description

⋅ Feb 22, 2022 12:22 PM

Dow Jones is running within a down channel. It is a selling opportunity. Target is the lower parallel of the down channel line. Thanks.

Trend Analysis

Comments

lieven_mestdagh

⋅ Feb 23, 2022 12:57 PM

@herofayaz Don’t you think it is more of a horizontal channel ? Testing a horizontal trend line ?

herofayaz

⋅ Mar 1, 2022 5:16 AM

@lieven_mestdagh, Hi, Every onesided move will be based on channel....but it is dynamic channel... means we need to figureout the actual channel that is running right now...rather than what is visible on charts.... Thanks.