Hi, today we are going to talk about Dow Jones and its current landscape.
At Dow Jones, we have a test from the broken Uptrend, so the Bears are going to build up positions in this zone with massive financial volume, creating intense downside pressure on the price. Since the breaking of this Uptrend, it's crucial for the maintenance of the bearish movement. Remember that the asset still moving sideways, for now. So this attempt to retake the Uptrend could be only random, just a Bull Trap.
Thank you for reading and leave your comments if you like.
At Dow Jones, we have a test from the broken Uptrend, so the Bears are going to build up positions in this zone with massive financial volume, creating intense downside pressure on the price. Since the breaking of this Uptrend, it's crucial for the maintenance of the bearish movement. Remember that the asset still moving sideways, for now. So this attempt to retake the Uptrend could be only random, just a Bull Trap.
Thank you for reading and leave your comments if you like.
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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.