RE:RE:Dow jones turns in a 300 pts reversalAnalyste-57 wrote: Pikeroo_007
Yes, the Dow Jones is currently jumping + 300 pts. However, I looked at its analytical trajectory and it tells me that its true direction in the short term future will be around 23,900 pts minimum.
The Dow Jones must go through its negative cycle as Hexo is currently experiencing. In the stock market there are ups and downs.
We will see once again if the future will prove me right!
For Hexo, I think we will cross this storm in the week of July 6, that is to say that the volume of its Macd (12,26,9) will possibly enter positive territory, according to its recent habits, in this week July 6 at most.
I always go with the calculation of probabilities in our favor, or not!
I think you are wrong in your analysis. There is more to chart reading than chart reading. I think we saw DOW bottom this morning for a while. Up she goes from here. But I admit I could be wrong as a lot of negativity coming it's way with earnings of the lock up coming our way and Covid spikes.