Possible H&S Top Forming on DOW?
It's too early to call but wouldn't be surprised to see something like this play out over the next couple weeks. Market feels overdue for a proper correction/consolidation from the massive run-up since March. But there's so much liquidity sloshing around that I don't have high conviction on the timing or the next immediate direction. If momentum does turn decisively down from here, I'll begin looking for areas of support and price targets.
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.