Tavrik

DJI: bullish or bearish?

Short
TVC:DJI   Dow Jones Industrial Average Index
DJI looks very interesting and ambiguous. There are two patterns on the chart: the first one is bullish (double bottom), the second one is bearish (double top). Waiting for resistance (27000) and support (23500) tests. But resistance is stronger, because growth after the end of the 2008-crisis was also strong. Short looks more realistic, then long. Waiting for the breaking of the support line.

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