*DJIA* Week 18 – 2024

The weekly candle is a  bullish candle; the trend is bearish. The MACD histogram formed the 4th bar Below zero. Weekly ending at 38869.

 





MA9 is touching with MA16 and it looks like a crossing UP can happen next week. Do closely monitor the signal confirmation next week.

We will Long the market if the signal is confirmed.

 

DJIA Weekly Chart (Week 18 – 2024)
DJIA Weekly Chart (Week 18 – 2024)

 

DJIA Daily Chart (Week 18 – 2024)
DJIA Daily Chart (Week 18 – 2024)



Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.