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Dow Jones Flag and Rising Wedge

Dow Jones Industrial Average Index (CURRENCYCOM:US30)  
TAGaganDeep  
CURRENCYCOM:US30   Dow Jones Industrial Average Index
Trend Analysis Chart Patterns dowjones DOW Indices nasdaq100 sgxnifty Forex forexsignals
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trendanalysis chartpattern dowjones dow indices nasdaq100 sgxnifty forex forexsignals
The US benchmark index Dow Jones has formed a Flag pattern along with a Rising Wedge pattern.

With both the patterns happening at the same time one should stay neutral and wait for breakout above or below the wedge pattern,
to get confirmation of the next move. Though the overall trend is still bullish but in the current scenario, its prudent to have patience.

So keep calm as its wait and watch till we get conclusive evidence.
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