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KoosKanmar

#DJI Fake channel break and retest. Weakness coming.

Short
Dow Jones Industrial Average Index (DJ:DJI)  
KoosKanmar  
DJ:DJI   Dow Jones Industrial Average Index
Chart Patterns indicies
6
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chartpattern indicies
The Dow Jones Industrial Average broke out of the channel briefly just to break back in. This is termed a fake break. It retested the breakout yesterday and failed. This is usually an indication of more weakness to come. Bottom of this channel is now the likely target. It is -4.8% away.
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