📙 Table of Contents 📘
  1. 🏭 Sector Breakout đŸ’Ĩ
  2. 🏭 Sector Up-Trend 📈
  3. End of the Up-Trend
īģŋ

🧠 Understand the đŸ—Ŋ American #Aluminium Sector 🏭 Rally of Nov 2020

🧑‍đŸĢ Step-by-Step Explanation đŸĢ of the profitable 🏭 Sector Uptrend 📈 in the 🎩 Dow Aluminium 🛩ī¸ Average (DJUSAL) and the North American Aluminium Sector during November 2020.

by Charles Adams

1) As It Happened: The High-Weight 🏭 Sector Breakout 🎆 on 6th Nov 2020

On 6th November 2020 a bullish sector breakout occurred in the DJUSAL Index:

Simple Chart of the DJUSAL Quad as per the Dow Template. Fig.1: Sector Breakout in DJUSAL on 6th November 2020. Kindly Click to Enlarge the High-Quality Sector Rotation Chart.

The Relative Strength Comparative (RSC) also showed a bullish Positive Divergence, adding to the power of the pattern.

2) Aftermath of the Sector Breakout: A Bullish 🏭 Sector Up-Trend 📈

The result was a profitable upmove over the next few weeks.

Simple Chart of the DJUSAL Quad as per the Dow Template. Fig.2: Sector Breakout in DJUSAL on 7th December 2020. Kindly Click to Enlarge the High-Quality Sector Rotation Chart.

Note that the RSC exhibited rising Dow up-trends in all four constituents of the AssetCharts.com Dow Jones US Aluminium Quad.

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