VasilyTrader

Dow Jones Index (US30): Sideways Movement & Forecast

Short
BLACKBULL:US30   Dow Jones Industrial Average Index

Dow Jones Index is currently trading within a horizontal intraday range.
Its upper boundary was reached on Friday.

Testing that, the market formed a descending triangle formation.
The neckline of the pattern was broken.

I think that the consolidation will continue on the Index
and it will reach 34300 level soon.

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