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A look at the weekly timeframe on the Dow jones invh&s

Nothing much to add here that I didn’t post in the previous idea, just wanted to also show how it looked on a weekly timeframe. Please refer to the previous idea for more in depth analysis about this one. Thanks.

Note

Hit the 1st green inv h&s target a few months back, and are now getting closer and closer to the lavender necklines invh&s breakout target. As it didn’t validate the first time above the neckline and the neckline is descending…the target is actually no longer 40k and somewhere closer to 38-39k. I will post an update to this idea with the measured move lines moved over to the area where the official breakout happened to give a more precise measured move and I will link this idea to that update

Note

2nd target hit!!

DrDovetail

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DrDovetail