Global Dow testing break of long-term trend
The Dow Jones Global Index just broke below the post GFC lower trendline. Note that it hit it's all time high and went lower in February when hitting the upper trendline. Could have very bearish implications.
Like many breakouts, it may test this line a bit or perform a false breakout and retest. Will be interesting to watch what happens, but definitely a precarious position to be in.
Like many breakouts, it may test this line a bit or perform a false breakout and retest. Will be interesting to watch what happens, but definitely a precarious position to be in.
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