A Sign Of The Times

Good Morning Dynamic Traders!

The Dow Jones has attained a momentous break through!

Below is the monthly chart for this index.

Price burst through the value index in January, hurtling down through a steadfast support in endorsement last month.

Submerging below this average for the very first time, confirms the technical weakness of the economy; a sign of the times!

Sub chart indicators all commit to this vulnerability, with Fib studies evidencing a possible price platform.

Indeed, a special sub chart signal also confirms that brakes may be applied in the near future.


Dow Jones monthly chart Advanced Get

A closer look at the daily chart (below) evidences entry into a new price zone.

This region was last upheld in 1997, another tumultuous recessive period.

Mark the mob, wave and fib triple cluster, close by the figure, declaring a possible support beacon.

This brace is a cool 400 pips away, signalling a prime opportunity for a savvy Trader!

Utilising your tool box over smaller time frames, may furnish you with a prime opportunity to pocket these pips and enjoy a fabulous start to Spring!


Dow Jones daily chart Advanced Get

Timely Trading!