The Dow Jones Industrial Index, as shown in the photo provided, has been creating an Inverted Head & Shoulders Price Action Formation on the 1D Chart since Nov. 8th, 21. Today, Dec. 14, 21 the index made it's second rejection off the neckline of the formation. This means that bullish momentum will soon be flooding the market as the index reaches toward new highs. The target price as the formation reaches completion is 36457.
buyChart PatternsDOWHead and ShouldersLONGlong-termnasdaqS&P 500 (SPX500)Support and ResistanceTechnical Analysis

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