*DJIA* Week 02 2018

Weekly trend remain UP and MACDH reverse to move upwards. It can continue to go higher. Weekly ending at 25295. 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.





MA 9 and MA 16 still has some distance to cross path. Do keep monitoring the Daily chart for a trigger.

 

DJIA Weekly Chart – Week 02 -2018

 

DJIA Daily Chart – Week 02 – 2018

 

 




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