Renkotrade

DJI Situation 14.3. 10:00 NYT SHORT but possible tredn change

Short
TVC:DJI   Dow Jones Industrial Average Index
DJI has managed to get our off the sharp short channel

i had marked fe day ago into a more wider short channel

now i have marked in red to see them easily.

But since 2 days we have also an established long trend

to see at the blue long trendline which i have marked
as support on the long side.

Now we only can wait what will happens next.

a) a brake of the blue long line as stay in short

or

b) a brake of the red line to get in a neutral and maybe long aerae.

Both possibilities are equal weighed in my eyes
and i cant see any advantage for one of them to forecast

Lets check the DJI end of today trading, i am shure
we can see more clearly the situation.

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.