Reverse H & S on DIA breakout?
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Looking at a reverse Head and Shoulders pattern on DIA. If it breaks out, a measured 100% move takes it right to the all time highs from 2021!
This in my mind is likely and is where we may finally go down again.
Thoughts appreciated!
This in my mind is likely and is where we may finally go down again.
Thoughts appreciated!
Note
DIA finally made a robust breakout with the target at the previous all time highs around 370. Any stops could probably be safely moved up to to about 344 at this point.
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