Friday 9 November 2018

DJI: Dow Jones index now fighting cloud chart resistance!

DJI: Dow Jones rebounded from old cloud support levels around the 2463 zone. Then the index rallied back up to the bottom end cloud chart resistance zone.

Now the index is fighting cloud chart resistance! Need to see a breakout past this cloud chart level at top end of the cloud!

We have had a great little 1500 point short-term swing trade back up to the cloud, now need to see the next move higher here for a breakout past cloud chart resistance!

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