DJI - Completed multi month pattern!!
DJI
has completed a major multi month pattern and rallied from this level in the closing stages of Fridays action. If we look at the last retracement from Feb - April, a rally could get us back up to 33650-34000 again and still be bearish which would set up a 135 pattern from the top.
We need to watch the strength of the rally to judge our next move.
I hope this helps. Enjoy the day
t.me/OCEANAISIGNALS
Check out the free Telegram group for Trade set ups and Market Updates. Also one on one coaching now available. Message me for more info and a free 30min consult to see if my strategies work for you.
Check out the free Telegram group for Trade set ups and Market Updates. Also one on one coaching now available. Message me for more info and a free 30min consult to see if my strategies work for you.
On the short term there might be an opportunity to get long on a Pull back.