The Dow Jones is still in the process of deciding where it wants to go. If you look at the 2 hour chart of the Dow futures you will realize the gyrations is still happening in a 2 hour chart ascending triangle. Let us be patient to see which way it wants to break out.
As you can see from the chart above, the Dow is trying to form a 2 hour ascending triangle. If it breaks above the horizontal resistance line we will experience a bullish run up. But do be careful if it breaks below the uptrend line.
While there is a lot of gyration, at least the markets is making higher highs and higher lows. This in itself is an encouraging sign.
Mar 18, 19 09:23 AM
Analysis of what is going on in US stock market as well as highlights of some stocks that are forming significant patterns.
Mar 15, 19 01:07 PM
Apple is one of those stocks that we should look at almost every day. The reasons is because it is a component of the Dow Jones, the S&P 500 and the Nasdaq Composite. If Apple does well, it will be go…
Mar 15, 19 12:59 PM
Technical analysis and trend analysis of Bahvest stock price. Borneo Aqua Harvest.
Mar 15, 19 08:40 AM
So a friend asked me if Dayang will continue to go up. I guess many are wondering the same question as well. So let's take a look at what the charts are saying.
Mar 15, 19 08:30 AM
Let us take a look at the technical outlook and charts of WTK Holdings.