Dow potential short set-up based on trendline resistance.
Worth a shot.
Note
With a monthly RSI @ 83.50, Dow hasn't been this overbought since 1997!If the trendline holds as resistance, Dow could see big pullback.
Note
That's a beautiful inverted hammerNote
Holding the resistance, for nowNote
It looks like another test of the trendline is incomingNote
Note
Trendline is being tested
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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.