TradingView
Therealaleech
Nov 22, 2014 5:58 AM

.DJI - Look at overall Market 

Dow Jones Industrial Average IndexDJ

Description

The Dow is at an all-time high. There was a nice rise in volume from the average volume there has been. EMA's have very sharp angles with the 10 trailing closely to the price. SMA's still bullish with nice separation. Oscillators are of course oversold, but that's EXPECTED at ATH (all-time high(s)) guys. ADX is around 57, so it definitely could use a rest, but remember in February it was slightly over 67???

**The key is to buy LOW and sell HIGH, if you missed the run up from the V-Bottom don't chase the trade.

- Concerned {sorta} about what the wick at the ATH is saying...lots of bearish pressure (resistance/supply).
More