Dow - Bearish Divergence
Dow has a bearish divergence on the Weekly, 1D, 4H and 1H chart. While Nasdaq and S&P went for all time highs, DJI failed to join its peers.
Dow is currently a sell on pullback till the tide turns. I am shorting the DJI on every pullback and taking profits on its regular downward moves. DJI will probably fall till 34000 before turning the tide.
Dow is currently a sell on pullback till the tide turns. I am shorting the DJI on every pullback and taking profits on its regular downward moves. DJI will probably fall till 34000 before turning the tide.
