Dow moving sideways in a larger corrective pattern.
The current clear Triangle should resolve downward. Next motive wave is anticipated to be final in sequence and end the larger corrective structure labeled WXY.
This same pattern is showing in a few large cap equities - which also make up the Dow.
RSI holding in Bearish oscillation zone below 65.
Primary Fib target in relation to channel geometry is at 178 - lower Green horizontal.
Anticipate bullish reversal at the target.
Once closes below ascending trendline are present, orient shorter term trades short until 179.
The current clear Triangle should resolve downward. Next motive wave is anticipated to be final in sequence and end the larger corrective structure labeled WXY.
This same pattern is showing in a few large cap equities - which also make up the Dow.
RSI holding in Bearish oscillation zone below 65.
Primary Fib target in relation to channel geometry is at 178 - lower Green horizontal.
Anticipate bullish reversal at the target.
Once closes below ascending trendline are present, orient shorter term trades short until 179.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.