Bullish Divergence in Dow Jones Industrial Average

RSI Bullish Convergence was there on weekly charts of Dow Jones only 5 times in last 20 years, which was always followed by average 15-18% market rally

similar RSI convergence is visible on weekly Dow Jones chart Right now, pre-covid highs are acting as a support


Disclaimer: Chart, data and levels for study purpose only. I am not a financial advisor. Use your intelligence before investing.