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Ashray_G
Oct 12, 2022 3:11 AM

Bullish Divergence in Dow Jones Industrial Average 

Dow Jones Industrial Average IndexDJ

Description

RSI Bullish Convergence was there on weekly charts of Dow Jones only 5 times in last 20 years, which was always followed by average 15-18% market rally

similar RSI convergence is visible on weekly Dow Jones chart Right now, pre-covid highs are acting as a support


Disclaimer: Chart, data and levels for study purpose only. I am not a financial advisor. Use your intelligence before investing.
Comments
Parasuram
check the values when it made lows last time.. its yet to make a low breaking that.. when it happens check the RSi
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