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andrewau2014

See if Dow will break down the triangle

Short
Dow Jones Industrial Average Index (DJ:DJI)  
andrewau2014 Updated   
DJ:DJI   Dow Jones Industrial Average Index
Chart Patterns Head and Shoulders Trend Analysis DOW jones Bearish Patterns
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chartpattern headandshoulders trendanalysis dow jones bearish
It is very possible for the Dow to test the lower boundary of the sensitive triangle. And if it goes as predicted in a head and shoulders pattern, a huge correction is for sure.
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if it breaks down the bottom of the triangle, it will retest 23386.
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The head and shoulders prediction is proven wrong. Let us see if it will test the upper border of the triangle.
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Dow testing the bottom border of the triangle.
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The resistance is well guessed. The general trend guess is wrong though.
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