maccabean
Short

Megaphone pattern formed in the DJ Transports

INDEX:DTY0   DJ Transports
Looks pretty clear to me that with falling Oil             prices, and a bounce off the former upward trending support, we have a megaphone formation appearing in the price. This means that we are likely headed for a target of roughly 7000. Possibly beyond that with a negative catalyst. As a leading indicator for the DJ30, DOWI             with Dow theory, this signal is extremely negative.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out