DJIA - Is it a consolidation with a next upward break out

7 thg 5, 2020

Changing my thoughts and trying to be unbiased with fundamentals. To retailers fundamentals are proved wrong again and again on account of price action. Have a strong feeling that the sideways moves is consolidation and the break out of 24200 level would be with a big bang.

Ichimochu clouds are suggesting the Leading Span A is showing good support.

Would suggest to go long with protective put. The break out may cover the cost of protective put and would be highly rewarding.

11 thg 5, 2020

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DJ finding its support at lead span B.Low ATR May turn up to high ATR. Expecting good burst upside.