Dow Jones double bottom pattern almost completed
Updated
Has a gap to close around 32400.
Rsi on every hour time frame is sitting in the 80's . Money flow and Bbands are overbought
We could hit this target before EOW with economic news coming out Thursday and and Apple earnings friday.. I think one of those day will be the pullback to atleast test yellow trend support...
This 32400 should align with the SPY 390 ..
Rsi on every hour time frame is sitting in the 80's . Money flow and Bbands are overbought
We could hit this target before EOW with economic news coming out Thursday and and Apple earnings friday.. I think one of those day will be the pullback to atleast test yellow trend support...
This 32400 should align with the SPY 390 ..
Note
Boeing really scalped the dow today.. Becareful with the Shooting star reversal candle showing currently. Watch for the clow
Note
Closed the gap and didn't go an inch higher... Now we'll see if this is start of a reversal or a pullback to the trend line
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