david_ceballos

DJI - Weak trend but still bullish

Long
david_ceballos Updated   
DJ:DJI   Dow Jones Industrial Average Index
Today, Monday 6/25, the Dow retested again the long-term uptrend, the moving average 200 days (yellow line): previously, the first time was at the beginning of April, and the second time was at the beginning of May. To keep the bullish sentiment in the stock market, the Dow must defend this support. Otherwise, I'd expect a huge increase in the volatility in the market.
Comment:
Nice performance: 1200 points in gains since I detected the buy opportunity in the Dow Jones.
Trade closed: stop reached:
Bullish party over
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