Dow broke out trendlines to the upside yesterday and also closed above its 100 MA and 200 MA for three days but its 100 MA crossed below 200 MA the first time since 2015 with a divergence of RSI on the daily chart.
The Dow's 100 MA/200 MA crossing down could mean a lot from a long term perspective and we might see what would follow soon.
Dow gaps up opening today and now shows lower lows and lower highs on its 15 Min chart. It seems it might be a turning point date today and we will know it for sure after the closing bell.
The Dow's 100 MA/200 MA crossing down could mean a lot from a long term perspective and we might see what would follow soon.
Dow gaps up opening today and now shows lower lows and lower highs on its 15 Min chart. It seems it might be a turning point date today and we will know it for sure after the closing bell.