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cheminacci

Bullish Shark on DOW30 to fill Weekly Gap

Long
Dow Jones Industrial Average Index (CURRENCYCOM:US30)  
cheminacci  
CURRENCYCOM:US30   Dow Jones Industrial Average Index
Harmonic Patterns DOW dow30 Bullish Patterns Shark cheminacci
2
0
harmonicpatterns dow dow30 bullish sharkpattern cheminacci
After doing some fib analysis on the DOW30, it was observed that on the weekly chart that the market was beginning to form a MASSIVE bullish shark pattern. By taking target 1 at 23200, the 50% retracement of the CD leg, one would be riding a move that would also be filling a gap on the weekly chart from the weekend.

Potential reversal zone for entry between 16600-17100
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