DOW

Must find time this weekend to try and do a bit of detailed analysis - I dabbled in a few trades, and lost a couple (surprise surprise, going short! ). but will live to fight another day I hope!

For now, let me upload a "tweet" (is that it is?) which makes for interesting reading...

https://ibb.co/TkDXWMF

dow-daily
uk.advfn.com/p.php?pid=chartscreenshotsh...Vowbmjp4BUHv+DJ5I5A=

Looking at the daily chart here not for trading but for general direction....

Negative divergence on the rsi....combined with the island reversal gap still being intact....would suggest more weakness imvho....

could be argued this is having a breather after strong run form 18k to 27k....and there's no denying the US markets have been strong....so it may be a case of more sideways....imho...
break above 26400 could signal a fresh move higher....
below 24840 calls for more down....

good luck...
atb, wdik, dyor,
trendfriend

China brakeout and long term target at 22000, is it already leading the world?

Double top

DOW breakout?

Could history repeat itself?