DJIA monthly at major resistance

DJIA (Dow Jones Industrial Average) monthly finished bullish and closed above all major MA which is bullish. DJIA is at beginning of forming a bullish pattern ascending triangle which after breaking the upper horizontal trend line could be very bullish.

However, volume did not confirm price action too much as it was lower than last month which is usually a month of smaller volume. If DJIA manages to pump and close next month above that trend line it would be pretty bullish for the market, however from the other side, it could represent only a bear pullback and more down drop.

Major support would be a rising lower trend line, for which Consistent trades assess there is a high possibility to be tested before the next and new bull market occurs. RSI is neutral. MACD shows sign of bull move, histogram ticks are smaller while MACD and signal line is trying to turn and move up.

For now, the market has more chance to drop from here than to go to ATHs.