Dow Jones Index (US30): Sideways Movement & Forecast
https://www.tradingview.com/x/Mi1PbAip/
Dow Jones Index is currently trading within a horizontal intraday range.
Its upper boundary was reached on Friday.
Testing that, the market formed a descending triangle formation.
The neckline of the pattern was broken.
I think that the consolidation will continue on the Index
and it will reach 34300 level soon.
❤️Please, support my work with like, thank you!❤️
Dow Jones Index is currently trading within a horizontal intraday range.
Its upper boundary was reached on Friday.
Testing that, the market formed a descending triangle formation.
The neckline of the pattern was broken.
I think that the consolidation will continue on the Index
and it will reach 34300 level soon.
❤️Please, support my work with like, thank you!❤️
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