Get started
decentshaw

US 30 Bullish Amid Fed interest rate pause

Long
Dow Jones Industrial Average Index (BLACKBULL:US30)  
decentshaw  
BLACKBULL:US30   Dow Jones Industrial Average Index
Trend Analysis Chart Patterns Technical Indicators
4
0
trendanalysis chartpattern indicator
Dow Jones: We have a W - pattern which represent Double Bottom & Double top preceded by a bullish trend. Price attempted to break the 34600 resistance on Friday amid echoes of Fed interest rate pause. I think Fundamentals and technical are set for bullish run for Stocks and DJ30. Breaking of 34600 will fuel the bullish run. I will be relying on 34300 Support for Long entry.
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.