The_Unwind

Dow Industrial's Bullish Continuation Pattern to All Time Highs

Long
DJ:DJI   Dow Jones Industrial Average Index
The Dow Industrial Average has put in 2 Weekly Bar Closes ABOVE IMPORTANT RESISTANCE at 24420
I keep a "Weekly Bar "" Daily Close" Only Chart on the Dow
and it shows important Trend Line Resistance at 24420 has been breached for 2 consecutive weekly Bar Closes.

A Close on the DJI above 25530 this week,
would project the Dow UP to the IMPORTANT SECONDARY TOP of 2/26/18 Closing High at 25709.27

A break above 25709, unless reversed
would result in a THIN AIR MOVE UP ( NO CHART RESISTANCE) to the ALL TIME HIGH of 26616.71

THE_UNWIND
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.