As in the SP500 index, the DJ30 has been making a soft correction. Within the pink lines we can se a triangle that need to be broken first. In this case, we will need to know which side does it break below or above orange lines. In both cases we should expect a flag after breaking orange lines. The bullish trend is still valid. If triangle broken downside the Entry Point bull Stop Limit buy 19100, SL 19010, TP1 19250, TP2 19400. If broken upside wait for market structure.
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.