DOW JONES Pulling back for a lower buy opportunity
Dow Jones is pulling back to the 1day MA50, which is headed to the bottom of the Channel.
You can sell the distance but focus more on buying as close to 33100 as possible and this is the neckline of the Inverse Head and Shoulders pattern.
Target 34500 (Resistance Zone A).
Can be viewed as the inverted structure of December 15th - February 15th.
Previous chart:
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You can sell the distance but focus more on buying as close to 33100 as possible and this is the neckline of the Inverse Head and Shoulders pattern.
Target 34500 (Resistance Zone A).
Can be viewed as the inverted structure of December 15th - February 15th.
Previous chart:
Follow us, like the idea and leave a comment below!!
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