elp

DOW following an ATR topping pattern?

INDEX:INDU   DOW Industrials [Test]
33 0 3
I don´t know if this will workout. However the pattern of the atr and price is indicating a possible major price fall. Or this is a false reading. I don´t know yet. Only time will show if this is the case. This chart is not a sell or buy chart. It´s an observation of price and the atr possibly showing the DOW could correct more. If the DOW made new all time highs then this pattern would be a false signal. Source for ATR https://www.incrediblecharts.com/indicators/average_true_range.php
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