Dow Jones and the herd on the way to new highs

The Easter weekend is coming up and the market wants to shine before it again really. Another positive aspect is that the Dow Jones is once again forming signals. The downward movements are still good opportunities to buy the market, even if we are still strongly overbought on the large chart. Fresh money will now probably flow back into ETFs and co and drive the markets further.

My goal on the bottom side was not achieved, but postponed is not canceled. It is always a question of time until a market reaches its old marks again.

But it seems that the market wants to finish the upper PGs first. The two small PGs was also used again to break out on the bottom. Often the Dow leaves the strength on the top side and the breaks are getting longer. Much like old people, this is a natural process. In the end, it is usually a sudden death and then everything collapses. It sounds quite crazy to compare a chart with a human being, but natural processes can be found everywhere.

Source: (Guidants/Godmode Trader) & JFD Broker & Binance

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The breaks to recharge your batteries are getting longer in the Dow Jones

Dow Jones and the herd on the way to new highs

My goal on the bottom side was not achieved, but postponed is not canceled. It is always a question of time until a market reaches its old marks again.