This is an update to my post last month on the DJTA.
The DJTA needed to move above 8149 to confirm a Double Zigzag pattern up from the January 2016 bottom.
This confirmation was made on 10/4/16 and came close to .618 resistance.
This implies a move down at least back to the January bottom has begun.
Mark
The DJTA needed to move above 8149 to confirm a Double Zigzag pattern up from the January 2016 bottom.
This confirmation was made on 10/4/16 and came close to .618 resistance.
This implies a move down at least back to the January bottom has begun.
Mark
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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.