This weeks strong rally in the Dow Jones Industrial Average
has reversed the Daily Bar Trend decline shown on the "Line Break" Chart,
giving a Short Term Buy Signal, as shown with the latest Green Bar on the chart.
Important Resistance is now at Dow 26091.
Price could thus rally an additional 250 points,
and still be in a Bearish "Snap Back mode in the Pattern
Keep that in mind.
If one is looking to sell a new extended rally in the Dow,
look to the 26091 Level
as the Important Price Resistance Point,
to establish new SHORT positions.
DJI 25848.87
THE_UNWIND
3/16/19
Mountains/New York
has reversed the Daily Bar Trend decline shown on the "Line Break" Chart,
giving a Short Term Buy Signal, as shown with the latest Green Bar on the chart.
Important Resistance is now at Dow 26091.
Price could thus rally an additional 250 points,
and still be in a Bearish "Snap Back mode in the Pattern
Keep that in mind.
If one is looking to sell a new extended rally in the Dow,
look to the 26091 Level
as the Important Price Resistance Point,
to establish new SHORT positions.
DJI 25848.87
THE_UNWIND
3/16/19
Mountains/New York