Dow Jones - Reversal still on cards if the red line holds, which acted as a resistance before breakout and support after the breakout. Also, the sloping solid black line acting as resistance needs to give up. Possibly by the close.
#DJI #trendlines #trading #intraday
#DJI #trendlines #trading #intraday
There it is as I wrote. We should move up now to the top Grey zone again today and tomorrow. If 25700 gives up then we are in trouble. Until then safe!
That is some freaking volatility in Dow Jones! If the trendline breaks, I see a lot of trouble ahead!
Dow Jones moving strong into the Grey Zone. Many opportunities to go long today when the price moved along the black dashed line today.
Note: I neither trade DowJones nor plan to. These are just lessons to show that technical analysis works everywhere in the world.
Note: I neither trade DowJones nor plan to. These are just lessons to show that technical analysis works everywhere in the world.
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