Double Top?
Thanks for reading my idea, your support is appreciated!
The Dow is squeezing upwards into an ascending triangle...breakout is coming.
This is usually bullish in continuation but we have to be careful and any close through the lower trend line will cancel any longs.
Back in late 2019 we were told 2020 would be "The year of all things"...it has happened.
The chatter now is 2021 will be "The Reset"....what does that involve?
Probably another surprise lurking and will bring the great chaos and change to clean up the world.
A double top has formed and we wait for resolve....be nimble.
Good Trading
The Dow is squeezing upwards into an ascending triangle...breakout is coming.
This is usually bullish in continuation but we have to be careful and any close through the lower trend line will cancel any longs.
Back in late 2019 we were told 2020 would be "The year of all things"...it has happened.
The chatter now is 2021 will be "The Reset"....what does that involve?
Probably another surprise lurking and will bring the great chaos and change to clean up the world.
A double top has formed and we wait for resolve....be nimble.
Good Trading
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.