Inverted Head & Shoulder pattern on DOW JONES INDEX.

Dow Jones Industrial Average IndexDJ

Description

⋅ Dec 30, 2014 2:43 PM

Dow is on the verge of breaking the all time high & if it breaks 18164 we can see an upside of around 9-10% from here.

Comments

msmalmuzaini

⋅ Dec 30, 2014 8:31 PM

H&S is not a continuation pattaern as far as I know !

VineetYadav

⋅ Jan 3, 2015 4:08 AM

Yes its not a continuation pattern as it shows breakout from a continuing pattern ( if breaks neckline ) which must be supported by high volumes .