30/08/2015

DOW day 28/8/2015. The DOW has now a clear "death cross". See the "golden cross" 2012.


From 2012 to 2015 the red 50 MA has never crossed the 200 MA but now it has a few days ago. Moreover the 200 MA is down. So from now on this falling 50 MA will be main resistance for a while. Any rally should be stopped there.  The down trend will look like the way up from 2012 regarding the waves. The only thing to watch for is the falling 200 MA. If it is down the big trend is down.





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