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
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.