Dow Industrials - Taking rest!
Updated
Dow is in distribution phase. Upward trend line has been broken. RSI shows negative divergence.
As per Dow's theory, line indicates movement. Dow forming a line indicates a big movement is coming soon. Longer the line formation faster the movement. https://in.tradingview.com/chart/QtD56IkU/
As per Dow's theory, line indicates movement. Dow forming a line indicates a big movement is coming soon. Longer the line formation faster the movement. https://in.tradingview.com/chart/QtD56IkU/
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