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DOW JONES Sell Signal

Short
Dow Jones Industrial Average Index (DJ:DJI)  
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DJ:DJI   Dow Jones Industrial Average Index
Trend Analysis Harmonic Patterns Chart Patterns DJI djia dowjones DOW dowjonesindustrial signals djisignals dowjonessignals stocksignals
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trendanalysis harmonicpatterns chartpattern dji djia dowjones dow dowjonesindustrial signals djisignals dowjonessignals stocksignals
Pattern: 1H Channel Up.

Signal: Bearish as the price failed to break the medium term Higher High trend line (bold black) was rejected sideways and formed a Death Cross (MA50 crossing below the MA200) while the 1H RSI is trading on a bearish divergence.

Target: 28,030 (1H Support) and 27,800 (4H Support).
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