Trade Signals – Dow 30 Index 02-28-2020

At the end of the trading session today, we can see that The Dow 30 Index (DJI) has been slicing through support levels like a chain saw through Jello┬«. On the stock chart below, looking at Monthly look-backs, we can see the next major support is is approximately $21,713., .. the area of the sell off December 2018. So if this takes all Spring and Summer to resolve, we wouldn’t be surprised.

Dow 30 Industrials Index (DJI)

Published by Trendanomics

Trend investing the markets with simple trend following strategies.

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