Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
Technical Weakness Caution: DJIA
E-mini Dow Jones ($5) Futures
Short
Technical Weakness Caution: DJIA
By EnsoAM
Follow
Follow
Apr 16, 2020
6
Apr 16, 2020
Confluence of horizontal and bearish wedge resistance, coupled with diminishing volume and MACD divergence.
We opine that the market has priced in stimulus and COVID recovery data and will be focusing on economic fundamentals.
We will look to buy only on retracements. Exercise due diligence!
djia
Technical Indicators
Technical Analysis
Wave Analysis
EnsoAM
Follow
Also on:
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
.