Get started
Kumowizard

DJIA - The weakest chain

Short
Dow Jones Industrial Average Index (TVC:DJI)  
Kumowizard  
TVC:DJI   Dow Jones Industrial Average Index
Trend Analysis Chart Patterns Technical Indicators
6
1
trendanalysis chartpattern indicator
- DJIA is the weakes index compared to ES and NQ. Price is still trading below equilibrium.
- Price pattern: possible bearish flag. If breaks down, initial bearish target will be 23k.
- Momentum weakness detected in haDelta+ and haOscillator. Both seem to be turning down again at/below their mid lines.
- EWO is below zero (bearish bias is still valid)

Related Ideas

Kumowizard
From damage to Head and Shoulders?
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.