DOWT, is it to much ~10000?

May 16, 2015

Technical, with the bullish hidden divergence where price doesn't fall alot but MACD looks oversold, i bet that a reversal is nearing, which continues the uptrend
and we have 3 consistent weeks of dip buyers making the 8600 support really strong
it looks like a bull flag if it breaks UP

i will presume IYT also looks the same (which will be a good long), will attach IYT as well as the DOWT 20 constituents chart below

NOTE: a break down below 8600 and a weekly close below the 2009 uptrend line will not support the bullishness case

Nov 20, 2015

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Dec 4, 2015

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like i said, if bull flag fails
there is a possibility of HS

Jan 3, 2016

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Jul 31, 2016

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Nov 11, 2016

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Apr 2, 2017

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