The situation is unclear.
We have 2 possible scenarios to deeply analyze.
Investors sentiment remains strong although Momentum is not so robust. I would like to see a stronger Momentum.
You can read the 2 possible outcomes for the DJIA in the chart's comments.
There are 2 important levels to note in case that the index goes south:
The area of 25000-24950 is an alarm for Bulls while in case that 24000 is broken, the Bullish scenario should be abandoned.
We have 2 possible scenarios to deeply analyze.
Investors sentiment remains strong although Momentum is not so robust. I would like to see a stronger Momentum.
You can read the 2 possible outcomes for the DJIA in the chart's comments.
There are 2 important levels to note in case that the index goes south:
The area of 25000-24950 is an alarm for Bulls while in case that 24000 is broken, the Bullish scenario should be abandoned.
Trade active
Target 27500-28000Above 26000 it will gain thrust.
Winstox
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.
Winstox
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.