vipulmehta817

Head & Shoulders Bottom in Dow Jones Futures?

Long
CBOT_MINI_DL:YM1!   E-mini Dow Jones ($5) Futures
Dow Jones index futures has completed head & shoulders bottom formation and is exhibiting a breakout from the resistance zone on the 4h time frame. If the breakout is successful, we can expect the price to hit the previous support/resistance zone of 34800.

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.