This Analysis of 
DJI is not a trade recommendation, this study is purely for education purpose only, Do your own Study and Research before getting into any trades.
On analyzing the daily chart ofDJI it is observed that whenever a Head & Shoulder pattern was formed, index gone through a breakdown most of the time.
This time also the pattern it forming is somewhat like a Head & Shoulder Pattern.
So what will happen next will be much interesting to observe.
Is a breakdown ahead? or not?
Will history be repeated? or not?
Lets wait and watch...
DJI is not a trade recommendation, this study is purely for education purpose only, Do your own Study and Research before getting into any trades.On analyzing the daily chart of
DJI it is observed that whenever a Head & Shoulder pattern was formed, index gone through a breakdown most of the time.This time also the pattern it forming is somewhat like a Head & Shoulder Pattern.
So what will happen next will be much interesting to observe.
Is a breakdown ahead? or not?
Will history be repeated? or not?
Lets wait and watch...
Nota
nicely took support at Support level 2Nota
Support no. 2 breakdown.Nota
all targets S1, S2 and S3 achieved.more weakness may be expected in upcoming days.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.