Dow 3000 point upside coming
July 5, 2023, IST 11:32, PM
Dow formatting invert head & shoulder pattern, if index sustain above 34500 then 3000 points is awaiting on upside & it will be coming in next 4 to 6 months. I believe is index is consolidated more than 9 months in between 34500 to 33000, now it's time to breakout where RSI is perfectly stand near 55, so price has strength & space to reach at higher side.
DTradEr
Dow formatting invert head & shoulder pattern, if index sustain above 34500 then 3000 points is awaiting on upside & it will be coming in next 4 to 6 months. I believe is index is consolidated more than 9 months in between 34500 to 33000, now it's time to breakout where RSI is perfectly stand near 55, so price has strength & space to reach at higher side.
DTradEr
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.