DJIA Daily
After a volatile few weeks and the worst monthly candle i've ever seen, this megaphone/broadening pattern is like a splinter in my brain and i wanted to share.
DJIA range 29.5k to 18.2k
Price action has reverted to test mean at 23.8k
Higher TF (weekly) momentum could indicate further continuation to upside short term for relief/recovery
DJIA range 29.5k to 18.2k
Price action has reverted to test mean at 23.8k
Higher TF (weekly) momentum could indicate further continuation to upside short term for relief/recovery
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.