Dow Jones And The Next Rejection Zone
I drafted this chart up a week ago and forgot to post it. I see its playing out, so better late that never... My original opinion was that we could run up and retest the 200ma. This would be a good place to reject and let fundamentals collide with technicals. Nothing in this world has changed enough from last month to warrant a bull market and geopolitics are too wild to get heavy long, yet the market is not logical per se . Not financial advice, obviously, just a rant full of observations.
Related publications
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.