SunilDhawan

DJUA - an Economic Indicator

DJ:DJU   Dow Jones Utility Average Index
out of 5 time touching the upper/lower elbow of the parallel channel, it has touched lower elbow only once.
on short time frame as well its under parallel channel where price is also getting resistance from upper elbor of the channel.

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.