Hello,
In this session, we’re taking a brief technical look at the Dow Jones index on the 15-minute timeframe.
Price structure shows a bearish trend beginning to form, signaling a potentially high-probability opportunity for a sell entry. There is a clear chance that price could continue lower toward the nearest support zone.
Momentum tools add weight to this view as well. The MACD indicator has recently transitioned into a downward curve, reflecting increasing selling pressure.
In this session, we’re taking a brief technical look at the Dow Jones index on the 15-minute timeframe.
Price structure shows a bearish trend beginning to form, signaling a potentially high-probability opportunity for a sell entry. There is a clear chance that price could continue lower toward the nearest support zone.
Momentum tools add weight to this view as well. The MACD indicator has recently transitioned into a downward curve, reflecting increasing selling pressure.
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.
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.