octradr

The market is changing pace

DJ:DJI   מדד דאו ג'ונס
0
It looks like the long uptrend of the DOW has come to a major stop. It may stabilize between 14600 and 15340 but it may take back a substantial amount of its gains possibly down to 13682. If it gets closer to the 15340 mark I would go short on this market. I would currently limit my losses and move my investments into more stable markets. If resistance is broke with authority I would expect a continuation of the trend up. Another thing to note is the 50 day EMA. It has been a very strong support since the beginning of the year. Let me know what you think. Happy trading.
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.