RamRaju61968

Positive global cues - breakout in DJI

Alış
TVC:DJI   Dow Jones Endüstri Ortalaması Endeksi
As seen in the weekly graph Dow Jones Industrial Average Index had given a breakout from the parallel channel( indicated in bluish color). Which is a downtrend that started at the beginning of this year(2022).

It could be observed from the graph that the index had given the breakout with a good real-body candle and had taken support at the parallel channel after the breakout.

Adding to that, a slight RSI positive divergence could be observed( indicated as yellow circles).

Also last week there is Doji formation in the weekly chart. Looks like the index is taking a rest and expecting the index to sustain above the 33200 level
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.