DOWI Testing a long term trend line
Hello Friends, excuse me for the recent absence, i was in a break doing some personal stuff.. And happy to be back :)...
Looking at the U.S. markets , the DOWI is testing a interesting levels. Latest test of this trend line was in October of last year, here is another retest and some sort of rejection. If we break back above the 52 week average we might retest the highs again. A break down below the trend line will bring focus to the next major long term trend line for the complete bull market starting from 2009.
My best regards
Technician
Subscribe to my trading portal thefxchannel.com
Looking at the U.S. markets , the DOWI is testing a interesting levels. Latest test of this trend line was in October of last year, here is another retest and some sort of rejection. If we break back above the 52 week average we might retest the highs again. A break down below the trend line will bring focus to the next major long term trend line for the complete bull market starting from 2009.
My best regards
Technician
Subscribe to my trading portal thefxchannel.com
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