Mentorship

Mentorship

Dow

18 Jul 2018 ‚óŹ 04:43 AM

The Dow - DJIA - comes closer to the blue line completing a 5 month long triangle formation in wave B. the line is near 25280. At 25200 the Dow is already at the upper Bollinger band and the grey trend channel resistance line coming from the 2012-2016 lows to highs. With the Russel and Dow both sporting potential triangles complete in the Dow and the Transports holding lower after a 3 wave bounce, the set up is for a almost immediate trend reversal into wave C down.

dow 180718

Comments (0)

Categories

Latest Articles