EvanJones

Multiple Divergences indicate a big drop

Short
TVC:DJI   Dow Jones Industrial Average Index
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10
The Dow and indexes alike are pushing higher and higher, however whilst this looks set to continue there are multiple signs of the steam running out on the trend.

1.) Multiple divergences on oscillators
2.) Many missed pivots
3.) Oversold conditions on RSI high timeframe

Therefore, I think investors are getting ready to net on shorts in the coming weeks.

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