Short video illustrates the DJIA bullish pattern we’ve been tracking in NFTRH
Disclosure: I own DJIA tracker DIA.
Since it is just a little test video that I quickly winged, I’ll add more detail to note the good looking moving averages, gently trending up and the Dow is poised to play some catch up as perhaps a final act of the stock bubble after Tech has led for all of 2023.
Frankly, I am not sure what those red volume bombs mean. They marked lows in December, March, May and to a minor extent, June. The big drop in March was the obligatory tank job after the Golden Cross (ha ha ha) of the SMA 50 above the SMA 200. As long as I am playing the stock bubble this is one vehicle I’ll use as long as I want to play said bubble and/or the chart holds the SMA 50.
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