A very bearish M candle confirms divergence in DowJ. A deep ABC correction should happen this year. I would not buy it anymore. Bullish trend is bending.
Hello guys, DOW30 - My bearish view is still confirmed - 23.300 is the key 1st: a Lower high on a weekly chart is the very first important signal about a possible downtrend. 2nd: Macd oriented downwards again 3rd: Rsi moving to weak area. See you soon, Simone
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron