|Dow Ind Review|
The Dow Industrials' overall trend, revealed by trends of price, leverage, and time, defined and are discussed in The Matrix for subscribers.
Price and Volume
The primary trend is aligned up (LTCO > 0 and LTREV > 0).
Price and Leverage
The secondary trend is aligned up (LTCO > 0 and LTLO > 0).
Q3 DI = 8% defines accumulation within a bearish cycle.
BuT = 74 weeks. Average aligned up impulse is 39 weeks. BuST = 0.8 indicates BuT is beyond the norm but not statistically extended (BuST > 2).
Seasonal weakness is generally displayed until September.
While the primary and secondary trends remain up, they're aging as stocks enter a seasonally weak period. Smart money remains patient but has no reason to sell or short stocks.
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