A more detailed view of declining prices and increasing volume. The Dow is clearly in a downtrend with the MACD in a steep decline. The primary count remains bearish.
Dow Jones Industrial Average — Daily
The Dow is clearly in a downtrend. The MACD shows much more downside ahead. The primary wave count remains bearish.
Dow Jones Industrial Average — Daily
The Dow is clearly in a downtrend with the MACD showing much more downside ahead. There’s lots of bad news from Europe. The hourly chart provides a clearer picture. The primary count remains bearish.
Dow Jones Industrial Average — Daily
It appears that the Dow is still consolidating and getting ready for the next decline. We had a down day with an increase in volume and the MACD remains pointed down. The primary count remains bearish.
Dow Jones Industrial Average — Daily
It appears that the Dow is consolidating and getting ready for the next decline. We had a down day with an increase in volume and the MACD remains pointed down. The primary count remains bearish and it would take a move beyond the early May high to change this.
