Dow Jones (INDU) Up 0.55%; in an Uptrend Over Past 90 Days

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INDU

The Hourly View for INDU Last Updated January 7, 2021, 00:019 GMT At the time of this writing, Dow Jones’s price is down -36.15 (-0.12%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as Dow Jones has now gone up 8 of the past 10 hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe. Price action traders may also wish to note that we see a doji candlestick pattern on Dow Jones. Given that we see an uptrend on the…

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