Broken rising wedge
The Dow has carved a similar chart pattern as the SPY. However, unlike the SPY, the Dow has price broken out convincingly out of the wedge and undergoing minor correction. About 25% correction seems likely for this symbol.
Disclaimer: This is not a financial advice. This is my way of sharing my trade ideas with the community and any decisions you make from this is entirely yours and has nothing to do with me.
Disclaimer: This is not a financial advice. This is my way of sharing my trade ideas with the community and any decisions you make from this is entirely yours and has nothing to do with me.
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