Dow Industrials is at a confluence of trendlines

25 de nov. de 2023

Dow industrials has reached a confluence of trendlines that may pose as resistance. Only index to make new highs this year is NDX 100, while others have not confirmed. Major banks and analysts are in consensus that Fed has paused and thus the path is "clear" for new all time highs in stocks.
Market wide consensus is dangerous for stock mkts...