Meta PlatformsEducation
DOW THEORY is at work
This doesn't necessarily mean that a global recession is about to start. It means, the people who participated in the accumulation part is exiting. Once Dow stated that after a huge sell-off , the price jumps to the near high and then, it proceeds to decline. It was also noticed that AMZN price is in a similar situation.
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.
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.