Morning gap up shows possible upside to 161.8% extension level.
With the multi year expanded flat completed, the index futures is heading into a possible new upside territory. Should the index breaks the red zone, we will see a further impulse on the upside.
Refer here to the previous 4hr counthttps://www.tradingview.com/chart/YM1!/I8oawEvc-DOW-Futures-50-0-retracement-must-not-BREAK/
Refer here to the previous 4hr counthttps://www.tradingview.com/chart/YM1!/I8oawEvc-DOW-Futures-50-0-retracement-must-not-BREAK/
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24667 level must be taken out in order to reach 161.8% extension level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.