Monday, 14 November 2022

DJI: Dow Jones Index rebound rally running into Cloud Chart resistance! Critical week ahead!

 DJI: Dow Jones Index rebound rally running into Cloud Chart resistance! Critical week ahead! 

DJI: Dow Jones Index rebound rally running into Cloud Chart (CC) resistance at the bottom end of the weekly CC. Need to see a breakout past this level to change the outlook from bearish to bullish.  If resistance holds then expect a reversal back down to the front cloud support zones! 


If the DJI manages to break past the top end CC resistance then the outlook changes to bullish from bearish on the weekly CC. Critical week ahead!


No comments:

Post a Comment