Dow Jones - Head and Shoulder breakout confirmed
Dow Jones closed just below 17,538 levels (23.6% of Feb low – April high) and also confirmed head and shoulder breakout. The neckline, now resistance, stands at 17,606 levels.
Bearish invalidation is seen only if there is a day end close above neckline, while buying interest would spike if prices close above May 10 high
Bearish invalidation is seen only if there is a day end close above neckline, while buying interest would spike if prices close above May 10 high
