Long on the Dow Jones Industrial Average

Telah dikemas kini
Giant Falling wedge on the daily chart. It will probably go to the .618 which finds confluence in the bottom of the wedge.

Expect a breakout after.
Nota
breakout happened sooner than anticipated
Nota
Looks like another similar and smaller formation.
Daily Chart
syot kilat
Nota
Daily looks like its turning into a head and shoulders
Nota
syot kilat

dow on the weekly. Looks like its ready to turn around for a correction. 38,300 should be the ceiling at the 1.618 extension. If the price rolls overs, targets are
yellow : 50 sma and the .236 fib
red : 100 sma and the .5 fib
Nota
DJI Weekly Rising Narrowing Wedge
Chart PatternsTechnical IndicatorsTrend Analysis

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