$DJI leading the pack & Bear close to be doneÂ
Dow Jones Industrial Average IndexDJ
Description
⋅ 🚨🚨🚨🚨🚨🚨🚨
Not sure how this was missed!😱
DJI looks VERY VERY VERY good
Went FULL BULL late Sept/early Oct
Mid Nov went neutral to short term bear
Mid December turned cautious bull
NOW
GOOD signs that September was BOTTOM!
-
This is daily & weekly
Inverse head & shoulder pattern = 1 of the best bottom forming patterns
IF right shoulder forms here = HUGE
We've spoken on light blue box area many times
Weekly DJIA still looks GREAT
-
BONUS
DJI monthly almost gave up BUT HELD
Did trade below the avg's but fought back
NO Bearish moving avg crossover
DJIA movement can buy more time
Maybe year or 2
RSI looks ok
DIA UDOW SDOW #stocks