Get started
maccabean

The Dow Jones bear market rally is on its last legs

Short
Dow Jones Industrial Average Index (DJ:DJI)  
maccabean  
DJ:DJI   Dow Jones Industrial Average Index
1
0
Looking at overbought indicators and the resistance the Dow Jones is likely to face shortly. I'd say that it can't rise much further. This is a rally in a bear market. The bounce down off this resistance will be brutal.

The fundamentals have not changed.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.