elp

DOW following an ATR topping pattern?

INDEX:INDU   DOW Industrials [Test]
32 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
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 Account and Billing Sign Out