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Dr_Roboto
Jan 6, 2021 12:41 AM

Dow Jones Trend Lines, Megaphone, and Rising Wedge 

Dow Jones Industrial Average IndexTVC

Description

Look at the old school DJI. The index is way behind the S&P and NDX. I am not sure if that means it still has a lot to go or if it is just weak and ready for a correction. It looks like it has completed its rising wedge now, but not the blue region to the left still has a lot of room to go up.

1D


4h

Comment

Maybe it plays out something like this.

Comment

Wednesday 12:07pm Testing the megaphone resistance
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