otterslide

DJI Forming Triangle, may break to the downside end of NOV-DEC

Short
TVC:DJI   Dow Jones Industrial Average Index
 
If the movement holds within the triangle, I expect a break to the downside at the end of Nov/Dec.
A break to the upside is also possible, although based on recent movements there is strong resistance to the upside.

Look for a break out of the triangle before the new year, that would invalidate this idea.
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