jangseohee

DOWI, more room for the BULLs

DJ:DJI   DOW JONES INDUSTRIAL AVERAGE
57 0 1
P&F chart shows me that there is still some hope for bearish Megaphone to play out (very different scenario from Candlestick chart where megaphone has been broken on the upside)

Bad news is for the bears like me, there are still more legs for the bulls! as highlighted in blue region (17995-18120) which represent the upward resistance line, breaking beyond this resistance means DJIA             might go up to Fib level at 19020!

Anyone who is versed with charts other than (Candlesticks/P&F), please do share your analysis
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