Dow Jones Industrial Bearish Bat?
Looking at this one day chart it looks to me like DJI is
forming a Bearish Bat Harmonic.
For me, there is a tight PRZ with a .886 D point of a
Bearish Bat Harmonic, a 2.618 ABCD completion and a
2.0 AB ext.
I will be looking for a reversal here, around $37,400.
My whiskers are telling me that we could trend up
until Friday and maybe see a dump by Monday.
The Alternate Bat would be in play if we push
up above this level, so we would not be out of the woods.
What do you think is up next?
Owhooooo!
forming a Bearish Bat Harmonic.
For me, there is a tight PRZ with a .886 D point of a
Bearish Bat Harmonic, a 2.618 ABCD completion and a
2.0 AB ext.
I will be looking for a reversal here, around $37,400.
My whiskers are telling me that we could trend up
until Friday and maybe see a dump by Monday.
The Alternate Bat would be in play if we push
up above this level, so we would not be out of the woods.
What do you think is up next?
Owhooooo!