ContraryTrader

Dow Jones double bottom pattern almost completed

ContraryTrader Mis à jour   
TVC:DJI   L'indice industriel moyen DOW JONES
Has a gap to close around 32400.
Rsi on every hour time frame is sitting in the 80's . Money flow and Bbands are overbought

We could hit this target before EOW with economic news coming out Thursday and and Apple earnings friday.. I think one of those day will be the pullback to atleast test yellow trend support...

This 32400 should align with the SPY 390 ..
Commentaire:
Boeing really scalped the dow today.. Becareful with the Shooting star reversal candle showing currently.
Watch for the clow
Commentaire:
Closed the gap and didn't go an inch higher... Now we'll see if this is start of a reversal or a pullback to the trend line

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