SonicDeejay

Dow Jones Index Weekly (15 July 2017) * Bullish but be alert

OANDA:US30USD   US Wall St 30
We had a nice knee jerk action on the counter with strong break out in past 3 trading days a expected.
This bullish momentum shall continue for sometime. So I am not standing with BEAR Side at all yet.

The old thing to take note is that, the recent runup is not accompanied by thick volume. It can mean that the movement may not strong enough to hold it long.
So, Bulls, please do not complacent too.


Trade Safe,

s0nic

P.S. Please follow, like, give comment to my analysis.


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.