Ticker 1

DNA Trade Journal

Ticker 2

Click "Like" to Receive First Hand Updates From The Analysis Site / Click "SHARE" to share

Thursday, 28 June 2018

Dow Jones Industrial Average and The Commodity Indices and ETFs (Inter-market Triangulation): 28 June 2018, Thursday, 4.53pm Singapore Time

Dow Jones Industrial Average: 
28 June 2018, Thursday, 4.53pm Singapore Time
(Click on Technical Chart above to Expand)

Attached above is the Technicals for Dow Jones Industrial Average
The DJIA is doing a rounding bottom of re-accumulation. In addition, in case you do not know, in the world of hedge funds, it is common knowledge that if we are in bear market or to go into bear market, during index correction you will not see commodity indices so strong and resilient. If we are to enter into bear market, commodities will had fallen below April 2018 level. Below are 5 commodity charts for inter-market triangulation.

C1: 28 June 2018, Thursday, 4.53pm Singapore Time
(Click on Technical Chart above to Expand)


C2: 28 June 2018, Thursday, 4.53pm Singapore Time
(Click on Technical Chart above to Expand)


C3: 28 June 2018, Thursday, 4.53pm Singapore Time
(Click on Technical Chart above to Expand)


C4: 28 June 2018, Thursday, 4.53pm Singapore Time
(Click on Technical Chart above to Expand)


C5: 28 June 2018, Thursday, 4.53pm Singapore Time
(Click on Technical Chart above to Expand)

Fools are those who buy the story of bear market when US Bull Market is just at the halfway-mark only -- with commodities and crude oil going to take over the next phase of the bull market rally soon.
(90% of the market herd could even know a bear market before it comes, and could even have time to warn one another to get out -- a bear market does not work this way). 


No comments:

Post a Comment