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CryptoBullGod
Oct 17, 2019 9:14 AM

DJI Negative Divergences Short

Dow Jones Industrial Average IndexDJ

Description

DJI has been showing negative divergences on both the MACD and RSI on the weekly chart. I have been fully expecting an inevitable crash for several reasons beyond the technical for awhile now. However, sticking to the technicals clearly shows that we have lost momentum and at best we'll get a few more artificially manipulated pumps slightly higher. But time is running out for stair steps downward. I have been out of the stock market for months.
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