See if Dow will break down the triangle
It is very possible for the Dow to test the lower boundary of the sensitive triangle. And if it goes as predicted in a head and shoulders pattern, a huge correction is for sure.
Note
if it breaks down the bottom of the triangle, it will retest 23386.Note
The head and shoulders prediction is proven wrong. Let us see if it will test the upper border of the triangle.Note
Dow testing the bottom border of the triangle.Note
Note
Note
The resistance is well guessed. The general trend guess is wrong though.
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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.
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.