Weekly Chart Analysis December 11, 2022
✿ Review of the previous article ✿
Last week, in terms of stock indices, major forex, and gold,all moved roughly in line with analyses
However, the analysis reflects the current situation at the end of the week,and there is a possibility that conditions could change significantly along the wayso please keep that in mind as you view this.
Note that for cross pairs involving the yen,the movement of USD/JPY and USD/CHF will influence the outcomes,so please treat this as a simple current-state analysis.
✿ Stock Indices ✿
※US30 (Dow Jones Industrial Average)
☆ Weekly
☆ Daily
☆ 4-hour
Overview
Daily chart shows a triple signal under・DCP UltimateAll-synchronization under formation
Concerns
4-hour chart also indicates downside
Overall assessment
In the near termfurther decline is expected to progresswhether it returns to the rising channel that was broken or reverses remains to be watched.