QuantitativeExhaustion
Long

DOW Transportations Index Retest Support

DJCFD:DJT   Dow Jones Transportation Average Index
445 views
9
Watching the DOWT closely for signals when to buy sell overall market.

Pattern looks like a (somewhat close) Symmetrical Triangle that busted out a bit too early.

http://thepatternsite.com/st.html

Comments

https://www.tradingview.com/e/KQCcbNOw/?symbol=SPY

Rapid moves in the DOWT after market correction and before major market corrections
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QuantitativeExhaustion QuantitativeExhaustion
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QuantitativeExhaustion QuantitativeExhaustion
it could go higher.. BUT not MUCH.. Watch Gasoline prices for a third peak
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ascending resistance met .. sideways and later last thrust to 5800
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QuantitativeExhaustion QuantitativeExhaustion
Be Careful what you wish for..... BIG Resistance Line Throws Everything Back
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