Get started
TipTVFinance

Dow – Rising Channel on 4-hour chart

Dow Jones Industrial Average Index (DJ:DJI)  
TipTVFinance  
DJ:DJI   Dow Jones Industrial Average Index
DOW trading
2
0
dow trading
Resistance – 18,167, 18,250

Support – 18,000, 17, 850

Formation – Rising Channel

  • Bull grip remains intact as long as rising channel is not breached on the downside.
  • Failure on the part of bears on Friday to keep prices below Nov 3 high of 17,977 indicates prices may revisit recent high of 18,167 above which 18,250 stands exposed.
  • Bearish break from rising channel would expose 4-hr 200-MA.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.