Dow Jones – A look

The EOD chart is displayed below. A triangle at the top has broken down. And a valid retest of the breakdown has been done too.

Of course, because of an event in the US mkts, the markets can play naughty and whip a bit too – lets see how it plays out, not recommending or expecting anything here.

eod-djia-20161019

Just to re-affirm, the hourly chart is given below. The retest has been done proper.

hrly-djia-20161019

Now we wait for the index to make its move.

Credits to friend/trader Arun ( Twitter handle @HybridInvest ) for the idea.

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One thought on “Dow Jones – A look

  1. Pingback: Dow Jones | StocksM

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