Dow
The Dow formed an inverted Hammer candlestick today. Prices are very close to the upper wedge trendline but as daily momentum has rolled over to a sell we should pay attention to it. We can draw trendlines around the recent moves, it is not a wedge but a break down from it should further mean that the next major leg down has started. The fall should test the lower wedge line of the 6 month pattern near 18130.
Comments (0)
Sort by
Latest First
Oldest First