DJA respected trend line resistanceDJA respected trend line resistance and appears to be forming a double-top pattern the first target is 10850. If the 10850 support line breaks down, we will have a bearish signal
Dow Jones Composite Trying to RecoverSymbol: DJCFD:DJA
Indicators
Lag RSI
My Opinion: Recovering
Comments: Dow Jones slid hard but the overall market looks like it was able to shake it off quite well... The Dow Jones could easily lead the market on the downside if it's not able to pick up pace.
📛 The signal! Powerful SNP 500 breakdown! False, isn't it? Why?📈 What are we seeing at the moment? The SNP 500 index broke through the resistance line and headed up! Our "four screens" system gives a "buy" signal. You can see the levels on the chart.
Let's remind you about the rules: a maximum of 2% in the risk transaction and the need to have a system, as well
DJA head and shoulders. Going down. BearishToday DJI may bounce little, but we are going in bearish mode. Head and shoulders forming. From now on we are going down.
Be careful here (not just stocks but all assets)Times like these where we are up 1000 points and down 1000 points generally are followed with a huge move "usually" in the downward direction.
Look back at 2008 , 2000, and 87.
Not "professional advice" of course, just saying to be careful as we dont know what more there is to come from this virus
Dow dropping to 9,000 due to curveDow dropping to 9,000 due to curve
Stock market could enter in falling trades and become unstable for months to come.
trade war disputes and market outperformance US vs rest Worldtrade war disputes and market outperformance US vs rest World .. US trade resolutions as the chart suggest, when us trade deficit is shrinking, the rest of the world ouperform the us markets...
cycling throughbubbles left right and center. crypto, housing, cannabis. be ready for a great dip. probably the greatest buying opportunity of our lifetime.
everyone saying buy the dip but eventually, but that doesn't work out so well every 10 years or so
Major DJA consolidation. Price made ATH then swiftly retraced to old support, never breaking it. I think it could go up more.
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