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Dr_Roboto

Dow Jones back above 2009 regression channel

Dow Jones Industrial Average Index (TVC:DJI)  
Dr_Roboto Updated   
TVC:DJI   Dow Jones Industrial Average Index
Trend Analysis Chart Patterns Wave Analysis DJI DIA SPX (S&P 500 Index) NASDAQ 100 CFD
11
11
trendanalysis chartpattern waveanalysis dji dia spx ndx
So far, every time that DJI has been above this channel it has had a pullback. There is still a bit of upside to reach the max it has ever been, but if history repeats then a correction is coming soon.

snapshot

snapshot
Comment:
Tuesday 11:20am update. Rejected off the 1.236 fib level. Maybe a top of Wave B?
snapshot
Comment:
Thursday 1:30pm and it looks like DJI maybe losing its battle with the rising wedge.
snapshot

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