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US30 > The Dow Flashing Strong Buy Signal!!

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Analysis on #US30

there is no denying the stock market is so volatile these days after bloody September is behind us and most of the market is now down 3-5 percent here I the dow flashing strong buy signal as it touches its 200 moving average.

move my chart to the left and see what happened to the market when the dow jones touches its 200 moving average, ost of the times it rally up.

ok, what about the other times where it does not rally?

I don't see having another crisis in the near term, yes the oil prices soaring could turn into a crisis as some analysts fear that some countries will have some sort of blackouts.

any way you can find many reasons to not buy the Dow Jones, but I think it is a good buy here and a rare one



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