*DJIA* Week 01 2018

Weekly trend remain UP but early weakness spotted. MACDH starts to descend downwards. Weekly ending at 24719. Do check with Daily chart to see if we have a trigger to Short.
Resistance level cannot be provided with standard S&R model because DJIA is on historical high where price trading with no precedence references.

 





Weekly trend is UP with initial weakness shown. In Daily chart – MA 9 and MA 16 still has some distance to cross path. Do keep monitoring the Daily chart for a trigger.

 

Click on the post title for chart.

DJIA Weekly Chart - Week 01 -2018
DJIA Weekly Chart – Week 01 -2018
DJIA Daily Chart - Week 01 - 2018
DJIA Daily Chart – Week 01 – 2018



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