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Badcharts
Oct 26, 2022 7:07 PM

Dow Jones Industrial Average slowing down at 150 ma Short

XAUUSD/SPX500USDOANDA

Description

While US equities are slowing down in their bear market rally on monthly chart...

...Gold is mounting a comeback on 1 hour chart versus them.

#fintwit #spx #djia #gold
Comments
Laurent10
I think the market/s are looking very strong - even with all the bad data coming out it can't drop/fall - also with mid-terms around the corner AND the usual/standard Santa rally upon us (looks like it's come early) which in my experience almost ALWAYS goes up NO MATTER WHAT. Can't see the markets coming down this year...sure the odd small drop here n there (normal) but nothing like a crash - which many are talking about.
Thanks for sharing
Cheers
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