{"id":1617,"date":"2021-06-12T16:05:25","date_gmt":"2021-06-12T16:05:25","guid":{"rendered":"https:\/\/depthtrade.com\/?p=1617"},"modified":"2021-10-11T17:48:42","modified_gmt":"2021-10-11T17:48:42","slug":"dow-jones-analysis-increasing-probability-of-a-correction","status":"publish","type":"post","link":"http:\/\/localhost\/depth\/dow-jones-analysis-increasing-probability-of-a-correction\/","title":{"rendered":"Dow Jones Analysis: Increasing Probability of a Correction"},"content":{"rendered":"\n<p><em>Dow Jones Analysis: Increasing probability of the onset of a correction:<\/em> <em>Current chart analysis based on technical analysis for the Dow Jones stock index DJ30.<\/em><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><a href=\"http:\/\/localhost\/depth\/wp-content\/uploads\/2021\/10\/Screenshot-20210612174353-1788x842-1.png\"><img loading=\"lazy\" width=\"1788\" height=\"842\" src=\"http:\/\/localhost\/depth\/wp-content\/uploads\/2021\/10\/Screenshot-20210612174353-1788x842-1.png\" alt=\"\" class=\"wp-image-2010\" srcset=\"http:\/\/localhost\/depth\/wp-content\/uploads\/2021\/10\/Screenshot-20210612174353-1788x842-1.png 1788w, http:\/\/localhost\/depth\/wp-content\/uploads\/2021\/10\/Screenshot-20210612174353-1788x842-1-600x283.png 600w, http:\/\/localhost\/depth\/wp-content\/uploads\/2021\/10\/Screenshot-20210612174353-1788x842-1-768x362.png 768w, http:\/\/localhost\/depth\/wp-content\/uploads\/2021\/10\/Screenshot-20210612174353-1788x842-1-1536x723.png 1536w\" sizes=\"(max-width: 1788px) 100vw, 1788px\" \/><\/a><figcaption>Dow Jones Weekly Chart 2016-2021<\/figcaption><\/figure><\/div>\n\n\n\n<p>The major uptrend in the Dow Jones stock index (<strong>see weekly chart<\/strong>) is intact and is in an extended trend movement phase, which includes an higher probability of the onset of a correction.<\/p>\n\n\n\n<p>Underlying, an Uptrend (<strong>see daily chart below<\/strong>) moves in the direction of the last highest high at <strong>35.100<\/strong>, which increasingly loses its strength and becomes continuously weaker in its price ranges and, moreover, is in a correction.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"http:\/\/localhost\/depth\/wp-content\/uploads\/2021\/06\/Screenshot-20210612175135-2504x910-1.png\"><img loading=\"lazy\" width=\"2000\" height=\"727\" src=\"http:\/\/localhost\/depth\/wp-content\/uploads\/2021\/06\/Screenshot-20210612175135-2504x910-1-2000x727.png\" alt=\"\" class=\"wp-image-1621\" srcset=\"http:\/\/localhost\/depth\/wp-content\/uploads\/2021\/06\/Screenshot-20210612175135-2504x910-1-2000x727.png 2000w, http:\/\/localhost\/depth\/wp-content\/uploads\/2021\/06\/Screenshot-20210612175135-2504x910-1-600x218.png 600w, http:\/\/localhost\/depth\/wp-content\/uploads\/2021\/06\/Screenshot-20210612175135-2504x910-1-768x279.png 768w, http:\/\/localhost\/depth\/wp-content\/uploads\/2021\/06\/Screenshot-20210612175135-2504x910-1-1536x558.png 1536w, http:\/\/localhost\/depth\/wp-content\/uploads\/2021\/06\/Screenshot-20210612175135-2504x910-1-2048x744.png 2048w\" sizes=\"(max-width: 2000px) 100vw, 2000px\" \/><\/a><figcaption>Dow Jones Daily Chart April &#8211; Today<\/figcaption><\/figure><\/div>\n\n\n<h2 class=\"has-text-align-center\" id=\"depthtrade-outlook\">DepthTrade Outlook<\/h2>\n\n\n<p>On the basis of the arrow lines you can see exemplary conceivable developments, the market could form in the next few days.<\/p>\n\n\n\n<p>In order to exceed the mentioned high areas,<strong> sustained buying is required<\/strong>. If the current correction phase attracts new buyers, this should be underpinned with <strong>clearly visible movements<\/strong>.<\/p>\n\n\n\n<p>If strong price rises to the upside <strong>fail to materialize<\/strong>, the upward trend is still considered intact as long as <strong>the lows at 33.280 and 33.480 are not sustainably penetrated<\/strong> and\/or a <strong>counter-trend<\/strong> is formed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dow Jones Analysis: Increasing probability of the onset of a correction: Current chart analysis based on technical analysis for the Dow Jones stock index DJ30. Dow Jones Weekly Chart 2016-2021 The major uptrend in the Dow Jones stock index (see weekly chart) is intact and is in an extended trend movement phase, which includes an &hellip;<\/p>\n","protected":false},"author":8,"featured_media":1998,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[26,28],"tags":[141,140,105,59],"yst_prominent_words":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dow Jones Analysis: Increasing Probability of a Correction - DepthTrade<\/title>\n<meta name=\"description\" content=\"Dow Jones Analysis: Increasing probability of the onset of a correction: Current chart analysis based on technical analysis for the Dow Jones stock index DJ30.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/localhost\/depth\/dow-jones-analysis-increasing-probability-of-a-correction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dow Jones Analysis: Increasing Probability of a Correction - 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