DJIA shows its bullish status in all time frames. Particularly, DJIA is able to rebound on 50 DMA line yesterday with today's gap-up. Thus, bullish bias stays there until broken on 50 DMA. Uptrend channel also describes its strength well. Only concern is that DJIA is tool bullish using distance of 50 and 200 DMA lines as reference.
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.
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.