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Friday, 20 December 2019
Dow Jones Industrial Average (DJIA): 20 December 2019
20 December 2019
(Click on Technical Chart above to Expand)
Attached is the Dow Jones Industrial Average (DJIA) updated technicals which refuse to go down even on any bad news. Market has proven me wrong. Market-makers seem to be in full control. Hence, I am cutting losses on trying to trade a fake break-up since the break-up of the US markets' critical resistances have been proven real (no bad news can shake the break). I am wrong this time in trying to outsmart the market. I am bullish of US markets and the rest of the world, however I remain bearish on Hong Kong market. Today marks a confirmation day for US strength on the breakup of such highly critical resistance.