DJI Plausible further move

DJCFD:DJI   Dow Jones Industrial Average Index
The DJI was bullish for quite a long time until its short-term light fall. It resulted in forming a symmetrical triangle which is very often a continuation pattern. The RSI was bullish or above 70 points for a time until the slump and not it is in a very very down position which makes a further bear movement quite unlikely. A good upside move should take place in near future. Though, we will most probably see a 3rd touch to the green support line and then a strong bounce towards the highest thin black dashed line.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out