Here is my
Daily Trend Model for the DJIA. Esoteric analysis aside, the simple fact is that for the past week the DJIA has been in a small rally within an established downtrend. This rally either continues and will flip the trend model bullish, or it has run its course, in which case the downtrend will be reasserting itself. In either case, this resolution should provide our financial headlines going into the next few weeks and maybe months.
DJIA Daily Trend Model
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