The Traderszone Network

Published in TZ Latest News 21 August, 2015 by The TZ Newswire Staff

Dow Jones Industrial Average ($INDU) Enters Bear Market

The financial news is reporting that the Dow ($INDU) has started a “correction,” but our Long-Term Trend Model (LTTM) says it has entered a bear market. This is determined by the fact that the 50EMA has crossed down through the 200EMA, rendering an LT SELL signal. The LT BUY signal that was just closed was generated back in December 2011, so this index isn’t as subject to whipsaw…