scotch321

Beautiful Pennant Forming on DJI

Long
DJ:DJI   Dow Jones Industrial Average Index
At the time of this writing the DOW is down about 60BPS today. As visible in this illustration, we have a bullish pennant forming. Given the length of flagpole we could be looking at another 15-25% rally in the Dow.
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.