RCP_

The problem with Dow Jones

FX:US30   Dow Jones Industrial Average Index
5
What I find the most problematic about the Dow Jones at the moment, is the appearence of a evening/shooting star at the 1,618% level of the dip in October last year. According to the linear chart we have also broken the formation.

Bulls will have to push prices to close above 18400 in order to kill the bears.
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.