DAILY
DJI is really struggling to hold the green moving avg. (see profile for more info)
#Dowjones RSI is holding the 50 area - Yellow Box.
NOW, pay close attention
IF they break we're looking at likely trendline retest, white line.
That's where the possible 1k point drop idea comes from, mentioned yesterday.
Weekly support, Red Mov Avg, shows another view for the possible, roughly, 1k point drop for the Dow.
#stocks
DIA 
UDOW SDOW
DJI is really struggling to hold the green moving avg. (see profile for more info)#Dowjones RSI is holding the 50 area - Yellow Box.
NOW, pay close attention
IF they break we're looking at likely trendline retest, white line.
That's where the possible 1k point drop idea comes from, mentioned yesterday.
Weekly support, Red Mov Avg, shows another view for the possible, roughly, 1k point drop for the Dow.
#stocks
DIA UDOW SDOW
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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.