Here is Dow 2 hr close locked between rising 8 MA and falling 21 MA. Break will come Friday up or down. Difficult predict now.
Dow weekly bars. This week - the last bar is holding within last weeks bar. The rising 8 MA will rise steeper up for three to five weeks. I do not expect Dow to stay below this MA. That means continued sideways trend or upwards. The 34 MA will start next Monday to go steeper down. All I want to know is if the 8 MA will cross 34 MA or not.
Dow weekly bars. This week - the last bar is holding within last weeks bar. The rising 8 MA will rise steeper up for three to five weeks. I do not expect Dow to stay below this MA. That means continued sideways trend or upwards. The 34 MA will start next Monday to go steeper down. All I want to know is if the 8 MA will cross 34 MA or not.
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