Break in the Dow Trendline
Looks like it is creating an inverted head and shoulder with the right shoulder as a possible area of retest in the down trend line
Should the Inverted Head and Shoulders materialize, it's target is that USD11,4800 area which is coincidently the 32% retracement level.
Looks like it is creating an inverted head and shoulder with the right shoulder as a possible area of retest in the down trend line
Should the Inverted Head and Shoulders materialize, it's target is that USD11,4800 area which is coincidently the 32% retracement level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.