DOW JONES HOUR CHART
S&P 500 HOUR CHART
NASDAQ HOUR CHART
- I have shown the hourly chart of Dow Jones, Nasdaq and S&P 500.
- All the 3 charts has 50 Hour SMA and Ichimoku cloud shown with it.
- Looking at the 3 charts Dow Jones looks better than the other two. Dow is still to break below the cloud.
- Nasdaq is trying to break out of the channel and has to go through the cloud to reverse the trend an uphill task.
- S&P 500 looks the weakest of the lot.