Dow Jones Industrial Average Case for Wyckoffian Distribution
The Dow Jones is beginning to make a strong case for entering a phase of distribution. As the 
DJI is essentially an index of the American Economy, this will be a trading range that I am particularly interested in and will continue to watch over the coming months.
It's difficult to time moves when it comes to Technical Analysis. Targets/Levels are easy to do, but the question of "when" is often hard to answer. This will be a waiting game. I shall also take a look at some key stocks on the Dow 30 to see if there's a consistent pattern of slowing bullish momentum, supply sneaking into the market, or the beginning of distribution phases.
Dow 30: https://www.investopedia.com/terms/d/dow-30.asp
Wyckoff Logic Tutorial: http://stockcharts.com/school/doku.php?id=chart_school%3Amarket_analysis%3Athe_wyckoff_method
DJI is essentially an index of the American Economy, this will be a trading range that I am particularly interested in and will continue to watch over the coming months.It's difficult to time moves when it comes to Technical Analysis. Targets/Levels are easy to do, but the question of "when" is often hard to answer. This will be a waiting game. I shall also take a look at some key stocks on the Dow 30 to see if there's a consistent pattern of slowing bullish momentum, supply sneaking into the market, or the beginning of distribution phases.
Dow 30: https://www.investopedia.com/terms/d/dow-30.asp
Wyckoff Logic Tutorial: http://stockcharts.com/school/doku.php?id=chart_school%3Amarket_analysis%3Athe_wyckoff_method
Feragatname
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