H&S on the DJI chart..
This was something I was looking for a couple weeks ago.
Friday saw a lot volume but ultimately we ended with a sell off and a bearish setup that screams we are breaking this current corrective wedge to the downside.
The target if we break the neckline at 24200 is 22600 which lines up nicely to what a possible downward channel structure would look like going forward.
Friday saw a lot volume but ultimately we ended with a sell off and a bearish setup that screams we are breaking this current corrective wedge to the downside.
The target if we break the neckline at 24200 is 22600 which lines up nicely to what a possible downward channel structure would look like going forward.
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