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maxaus

Bullish flag waiting for a break out

Dow Jones Industrial Average Index (FX:US30)  
maxaus Updated   
FX:US30   Dow Jones Industrial Average Index
Trend Analysis Chart Patterns Technical Indicators DJI SPX (S&P 500 Index) DOW dowjones
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trendanalysis chartpattern indicator dji spx dow dowjones
Formed a flag. Europe produced positive economic data. Looking for a slight false break out down and then break out upward. No bad news on the horizon. Can't see any reason why dump now. Ultimate target on SPX 3000.

-=Never give up=-
Comment:
False break out down in progress.
Comment:
Back to the flag with a strong bullish impulse. As predicted.
Comment:
Interim target 26960.
Comment:
No sense of logic in the current market what so ever. Negative PMI data = higher chances of rate cut in July. Go bulls :)
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