Dow Jones Industrial Average Index forum
We are reaching a Top on this bullish trend. How to tell? This candle still forming is an Exhaustion candle and is the biggest one compared to the previous bullish candles. Other signs include that it's a near vertical ascent and there were about 3 micro and mini-pullbacks along the way, making it a mature trend.
After an Exhaustion candle, you can still get anywhere from 1 - 3 smaller candles before the drop down.
End Result: A very accelerated collapse coming to the downside.

🧠 Trading Plan & Strategy (Thief Layer Style)
🚀 Approach: Bullish Hull Moving Average pullback plan — “bulls reloaded” for the next wave.
🎯 Entry (Layering Strategy): Multiple buy-limit layers → 45,200 • 45,300 • 45,400 • 45,500 (flexible to add more based on your own plan).
🛡️ Stop Loss: Reference point at 45,000. Adjust SL responsibly to match your personal risk tolerance & style.
💰 Target: Potential resistance zone (the “police barricade”) sits near 46,300. That’s where traders may consider taking profits.
📢 Note: This is an illustrative plan based on technicals — every trader should adapt TP/SL to their own strategy and risk appetite.
🔎 Why This Plan?
Hull MA pullback indicates momentum continuation.
Layered entries provide flexibility & better risk distribution.
Market sentiment + fundamentals align with bullish bias.
Resistance at 46,300 offers a clear take-profit zone.

No matter how low the bears go, it will go back up after that. This is based on the Popgun pattern's last two moves that are like a See-Saw of swings that create wide consolidation.
*Side Note:
Watch to see if the bears will go to the right of the Bullish Trendline (in green dotted line). If that happens, the market bias goes from bullish to bearish for more profitable moves to the downside.

You can see on the Daily's chart below that the bulls are headed for the S&R Zone that starts at 45,546. We'll see if the bulls can even reach it and cross through the Zone to do a breakout at the giant Inside Day pattern's high of 45,751 (shown as an orange line).
*Side Note:
A bearish pullback is coming on the Hourly, then back up again because the Hourly is still in Bullish (directional) Market Bias.

The complex and giant W-shaped pattern started forming on September 2nd after the long bear run that created a Major Pivot Low, which typically starts a "W".

