Strike Analytics

Dow

28 Jul 201504:41 AM

The Dow Jones average followed the Russel below the June low. Now this is becoming a trend. If you look at the Daily chart of the Dow over time you will see a series of small h&s patterns [you can find this explained in Martin Pring's book]. Peculiar looking and slowly forming. Note that the high in May remains the end point of a ending diagonal pattern on this chart.

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