EJSM
Short

DJI Ascending Wedge

TVC:DJI   Dow Jones Industrial Average Index
The ascending wedge is notorious for bearish signals especially at the tops of markets which is like gold .

I did this analysis at 0743 EST, by 0930 it was testing the internal pink line.

I've said that the markets are due a correction about a year ago, I believe we're getting closer and closer.

I'll be writing a better analysis later tonight or tomorrow morning.

If you're not following, do so now. Stay up to date with my ideas.

Got something to say? Drop it down below, I'd be more than happy to connect with you.

Aug 05
Comment:
Trend line has been surpassed. Awaiting close on daily for conformation.
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