Dow Jones Industrial Average Index

Bullish flag waiting for a break out

Updated

Formed a flag. Europe produced positive economic data. Looking for a slight false break out down and then break out upward. No bad news on the horizon. Can't see any reason why dump now. Ultimate target on SPX 3000.

-=Never give up=-

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False break out down in progress.

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Back to the flag with a strong bullish impulse. As predicted.

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Interim target 26960.

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No sense of logic in the current market what so ever. Negative PMI data = higher chances of rate cut in July. Go bulls :)

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