DOW JONES WEEKLY CHART
DOW JONES 4 HOUR CHART
DOW JONES DAILY CHART WITH MOVING AVERAGE
- Weekly chart has turned completely negative. Breakout was confirmed above 11247 but not even a full candle formed above this level.
- The stochastic indicator was showing some negative divergence and the correction followed. Now we have to see if stochastic falls below 80% which can confirm a weekly sell.
- Daily chart has closed below 20 day moving average after a long time. Price closed above 20 DMA when it was around 10200.
- Four hour chart is shown with a trend line break which looks negative. Things may turn positive only if price breaks above the black dotted line shown in the four hour chart.
- S&P 500 IN A CHANNEL