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adammska

Dow potential short set-up based on trendline resistance.

Short
Dow Jones Industrial Average Index (FX:US30)  
adammska Updated   
FX:US30   Dow Jones Industrial Average Index
Trend Analysis US30 DOW djia
3
0
trendanalysis us30 dow djia
Worth a shot.
Comment:
With a monthly RSI @ 83.50, Dow hasn't been this overbought since 1997!
If the trendline holds as resistance, Dow could see big pullback.

snapshot
Comment:
That's a beautiful inverted hammer
snapshot
Comment:
Holding the resistance, for now

snapshot
Comment:
It looks like another test of the trendline is incoming
snapshot
Comment:
Comment:
Trendline is being tested
snapshot

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