octradr
Short

Simplistic take on the DOW

INDEX:DOWI   DOW Industrials
245 2 2
Here is a slightly simplistic but I believe effective take on the DOW.

This is a weekly chart so you have to wait for the week to close out or almost close out before jumping to conclusions.

Feel free to let me know if you have any questions or other thoughts
Very strong close for the week. It may be the beginning stage of a rebound. One more week should give us a better idea if it really is a rebound or consolidation. 10/10
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I guess for now we can say that it entered lateral range, but its too early to say about a full fledged downtrend on long term basis...
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