DOW JONES Bull Flag completed. Massive rally ahead.

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Dow Jones / US30 has completed a Channel Down on the 0.5 Fibonacci retracement level.

This pattern is nothing more than a Bull Flag based on September's similar structure that also hit the 0.5 Fib and 1day MA50 and bottomed.

This time, the 1day RSI is also on a Rising Support.

Both corrections took place after a +8.15% rise and September's then went on to rebound to the 1.5 Fib extension.

Buy and target 46700.


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Feragatname

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