10:34 AM
Freddy
If we look at the weekly chart, both DJIA and S&P 500 start to show that they're starting to go sideways or even down.
Both weekly charts say the market has ended its bullish trend. We could see that DJIA and S&P 500 broke their channels' support 13 weeks ago and last week they bounced back from their new resistances.
And if we look at the longer timeframe (monthly chart) they are still on their way to make their new 52 weeks high.
It's time to monitor your stocks everyday.
Have a good day!
Repost from Protege Analysis
Both weekly charts say the market has ended its bullish trend. We could see that DJIA and S&P 500 broke their channels' support 13 weeks ago and last week they bounced back from their new resistances.
And if we look at the longer timeframe (monthly chart) they are still on their way to make their new 52 weeks high.
It's time to monitor your stocks everyday.
Have a good day!
Repost from Protege Analysis
