{"id":13374,"date":"2023-03-14T15:25:59","date_gmt":"2023-03-14T15:25:59","guid":{"rendered":"https:\/\/tradingshot.com\/?p=13374"},"modified":"2023-05-20T15:28:15","modified_gmt":"2023-05-20T15:28:15","slug":"dow-jones-dont-get-confused-its-starting-a-new-multiyear-rally","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2023\/03\/14\/dow-jones-dont-get-confused-its-starting-a-new-multiyear-rally\/","title":{"rendered":"DOW JONES Don&#8217;t get confused.It&#8217;s starting a new multiyear rally"},"content":{"rendered":"<p>This is a chart we&#8217;ve looked into in the recent past for Dow Jones (DJI) but amidst the recent uncertainty, we think it is necessary to refresh in order to keep things into a longer term perspective.<\/p>\n<p>The time-frame is the 1W (weekly) where Dow is seen forming an Arc pattern on the 1W MA50 (blue trend-line), which since the 2009 housing crisis bottom, has formed every time it corrected on the 1W MA200 (orange trend-line) and rebounded (excluding of course the March 2020 COVID crash). On both of these occasions, this Arc pattern was an Accumulation Phase before a new multi-year rally.<\/p>\n<p>The 1W RSI is also on a familiar pattern with those prior fractals, forming an Arc construct on a Lower Highs trend-line. Is this the final accumulation before Dow starts a new multi-year rally?<\/p>\n<p>Tradingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/DJI\/L7gtClZo-DOW-JONES-Don-t-get-confused-It-s-starting-a-new-multiyear-rally\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/DJI\/L7gtClZo-DOW-JONES-Don-t-get-confused-It-s-starting-a-new-multiyear-rally<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This is a chart we&#8217;ve looked into in the recent past for Dow Jones (DJI) but amidst the recent uncertainty, we think it is necessary to refresh in order to keep things into a longer term perspective. The time-frame is the 1W (weekly) where Dow is seen forming an Arc pattern on the 1W MA50<\/p>\n","protected":false},"author":611,"featured_media":13375,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1639],"tags":[],"class_list":["post-13374","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stockindices"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=13374"}],"version-history":[{"count":2,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13374\/revisions"}],"predecessor-version":[{"id":13377,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13374\/revisions\/13377"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/13375"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=13374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=13374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=13374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}