DOW JONES -- THIS IS CLEAR.. from what I mentioned RESIST LEVELS
DOW JONES -- THIS IS CLEAR.. from what I mentioned before -- regarding the RESISTANT LEVELS SEEN.
Now -- I cannot predict what direction this is going --- BUT with positive news and continued support from the BULLS it can break through upward.... there will always be a chance of a QUICK fake movement upwards past these levels --- and then turn around down....
These indicators -- do not predict the future!!! --- they just show where resistance --- or support levels occur....
What these do is show where the pattern will stall with the potential or reversing direction IF ----- either the BULLS OR BEARS TAKE OVER ...with more strength.
IMO.
Thanks
___________________________________
Disclaimer:
Always do your own due diligence, full research, and homework, and consult with your own licensed investment professional before any investments. Any comments and analysis seen here are personal opinions, and we are not registered or licensed in any jurisdiction whatsoever to provide any investing advice. Any analysis, charting and comments should never be used for the purposes of assisting in any advisory decisions with any stock purchase or sale, and never to be used on the basis of making any kind of investment decisions. It is for the sole purposes of opinions and thoughts only of the markets. Thank you.
Now -- I cannot predict what direction this is going --- BUT with positive news and continued support from the BULLS it can break through upward.... there will always be a chance of a QUICK fake movement upwards past these levels --- and then turn around down....
These indicators -- do not predict the future!!! --- they just show where resistance --- or support levels occur....
What these do is show where the pattern will stall with the potential or reversing direction IF ----- either the BULLS OR BEARS TAKE OVER ...with more strength.
IMO.
Thanks
___________________________________
Disclaimer:
Always do your own due diligence, full research, and homework, and consult with your own licensed investment professional before any investments. Any comments and analysis seen here are personal opinions, and we are not registered or licensed in any jurisdiction whatsoever to provide any investing advice. Any analysis, charting and comments should never be used for the purposes of assisting in any advisory decisions with any stock purchase or sale, and never to be used on the basis of making any kind of investment decisions. It is for the sole purposes of opinions and thoughts only of the markets. Thank you.
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.