DOWT, is it to much ~10000?

16 May 2015

Technical, with the bullish hidden divergence where price doesn't fall alot but MACD looks oversold, i bet that a reversal is nearing, which continues the uptrend
and we have 3 consistent weeks of dip buyers making the 8600 support really strong
it looks like a bull flag if it breaks UP

i will presume IYT also looks the same (which will be a good long), will attach IYT as well as the DOWT 20 constituents chart below

NOTE: a break down below 8600 and a weekly close below the 2009 uptrend line will not support the bullishness case

20 Kas 2015

Not

4 Ara 2015

Not

like i said, if bull flag fails
there is a possibility of HS

3 Oca 2016

Not

31 Tem 2016

Not

11 Kas 2016

Not

2 Nis 2017

Not