Am looking at the Dow Jones Industrial average and i have noticed that it is up on the weekly trend and this is one of the reasons why I think it's going up
Also if we use the rocket booster strategy you will notice that the price is above the 50 Day Moving Average
Also notice the price is above the 200 Day Moving Average as well
This gives you a signal that the price is in an uptrend as well You need to look at this price action like you are travelling on a road going to a certain destination
Until the "cross over " happens then you can take a turn but remember you have to wait for that crossover,
in this case, we are looking at the cross-over of the 50-Day Moving Average above the 200-Day-Moving Average to signal an uptrend. Trade safe.
Rocket boost this content to learn more.
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