Dow Jones: We have a W - pattern which represent Double Bottom & Double top preceded by a bullish trend. Price attempted to break the 34600 resistance on Friday amid echoes of Fed interest rate pause. I think Fundamentals and technical are set for bullish run for Stocks and DJ30. Breaking of 34600 will fuel the bullish run. I will be relying on 34300 Support for Long entry.
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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.