Monday, March 16, 2020

#Dow Industrials Review $DIA

Dow Ind Review
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to long-term trends, it does not define them. The focus on short-term noise rather than trends, a source of confusion for the majority of investors, leads to the creation of bagholders at major trend transitions.

The Dow Industrials' overall trend, revealed by trends of price, leverage, and time, are defined in the The Matrix for subscribers.

Subscriber Comments

US stocks continue to struggling. Today's decline accelerated during/after the COVID-19 press conference that spoke in generalities rather than specifics about mitigation. It's likely the market is looking for a commitment to containment rather than generalities from a task forced organized for solutions. We know China (Wuhan), Italy, South Korea, and probably Iran have realized after some foot dragging that restricted movement is the only choice. A logical deduction is that the market will not rally until total commitment is shown. Anything less only increases the timeline and accelerates the selloff. Perhaps there's no turning back, or America's lack of commitment suggests a repeat of the foot-dragging mistake? We can only read the market and assume the rest. I would not assume much other than what the invisible hand is telling us.

Watch the Sentiment and VIX models. The market will not turn without them. Energy builds in leading markets such as the VIX, Nasdaq 100, and gold tells define intentions of the invisible hand and ignore opinion and politics. The Matrix will become an important timing tool when strong emotions cloud our judgement.

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Market-driven money flow, trend, and intermarket analysis is provided by an Access Key.