*An idea based on DOW theory, not financial advice*
*Update*
We now sit almost 6 months into a downward trend.
In the next three months, confirmation of a new primary trend has become increasingly more likely.
Any rallies upwards should be taken with caution, as they're likely to be short term, meaning a matter of days
or weeks.
*Update*
We now sit almost 6 months into a downward trend.
In the next three months, confirmation of a new primary trend has become increasingly more likely.
Any rallies upwards should be taken with caution, as they're likely to be short term, meaning a matter of days
or weeks.
Note
Fits nicelyRelated publications
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.
Related publications
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.