Multi-Timeframe Analysis: Dow Jones May 2021
Hourly Chart: bearish bat ( Bearish )
Daily Chart: triple Doji and rejection at resistance level ( Bearish )
Weekly Chart: at the midline of the regression channel (Neutral)
Monthly Chart: we had 4 positive months in a row but in the last 3 months the energy to go up further became less and less (Neutral-Bearish)
Conclusion: Neutral-Bearish is the most probable scenario
Daily Chart: triple Doji and rejection at resistance level ( Bearish )
Weekly Chart: at the midline of the regression channel (Neutral)
Monthly Chart: we had 4 positive months in a row but in the last 3 months the energy to go up further became less and less (Neutral-Bearish)
Conclusion: Neutral-Bearish is the most probable scenario
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Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.