1D DOW: Bounce off upper trendline
Updated
As above.
There looks to be a bounce and some short-term support at the upper trendline of the previous channel that was breached last week.
Also, the Hull MA have crossed again indicating additional possible continued up trend in the short term.
Will follow the NEWS as data coming out this week on retail spending and foreign market trends as well.
Good luck traders!
There looks to be a bounce and some short-term support at the upper trendline of the previous channel that was breached last week.
Also, the Hull MA have crossed again indicating additional possible continued up trend in the short term.
Will follow the NEWS as data coming out this week on retail spending and foreign market trends as well.
Good luck traders!
Note
Bounce then DUMP!Note
Fell back down into channel with 33k local support.
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