DJO, Dow Jones in a Triangle - Bullish Continuation expected
Hey Guys,
Yearly Chart is very Bullish - Broke above ATH and retesting it with this Q2 Candle.
However the Monthly Chart Doji indicates a Balanced Market ahead into the start of Q3.
A break above the highs would indicate a bullish progression - the Triangle could provide fuel for quite a large move - either up or down. Likely to be a move to the upside - given the higher TF Analysis.
37.800 and 42.000 are the Key Levels for the coming Quarter.
Will we see another Quarter of Gains? Or a little pause Pre-Election with some Profittaking under way as well as a ABC Correction towards 35.500?
Thanks for reading…
Yearly Chart is very Bullish - Broke above ATH and retesting it with this Q2 Candle.
However the Monthly Chart Doji indicates a Balanced Market ahead into the start of Q3.
A break above the highs would indicate a bullish progression - the Triangle could provide fuel for quite a large move - either up or down. Likely to be a move to the upside - given the higher TF Analysis.
37.800 and 42.000 are the Key Levels for the coming Quarter.
Will we see another Quarter of Gains? Or a little pause Pre-Election with some Profittaking under way as well as a ABC Correction towards 35.500?
Thanks for reading…
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.