DJCFD:DJI   Dow Jones Industrial Average Index
dij
dowjones
HI,there is a good mix of channel and pitchfork thats going to make a bearish butterfly in dowjones(#dij),
we can long also in long term and pull up the price to 26400,there we have also another resistence where was last high,if we long the stoploss is breaking powerfully in the bottom line of channel(24000).
Comment: now short

Comments

interesting the pattern you're describing is an expanded flat when the B wave actually laps the A wave before C wave returns to lower prices. certainly possible but an uncommon pattern. let's see how it does with R at 25k
Reply
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