Resistance is ahead! Can the Dow Jones make a break through?
- The index is clearly demonstrating a strong upward trend, consistently achieving higher highs and higher lows.
- During this upward movement, it previously established a bullish Pole & Flag pattern, and after breaking out, the index has continued to rise.
- At present, the index is trading just beneath its next resistance level.
- If the Dow Jones manage to break through and hold above this breakout point, it is likely to initiate a new rally.
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