Technical Weakness Caution: DJIA
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!
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!
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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.