Geofftv1

DOW Monthly - Bulls Beware!

Short
TVC:DJI   Dow Jones Industrial Average Index
This monthly chart shows the Dow DJI index and the Average True Range indicator ATR which measures volatility.
Note the textbook triangle in ATR in which has now reached the end of wave 'e' at the same time that the DJI has just thrown over
the long term parallel trendlines drawn from waves 2 to 4 and wave 3.Good Luck
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.