Looking at Dow Jones, while there has been a strong recovery, i am looking at the fib6 of the recent downmove.
3 confluences for me:
fib6 of recent downmove ,
d1 line chart, which is sort of a neckline for a half head and shoulders
EMA also show possible flying buddha to be formed.
and lastly which is something new for me,
the up volume does not seem to be strong at all.
careful observation has to be made before triggering on this.
3 confluences for me:
fib6 of recent downmove ,
d1 line chart, which is sort of a neckline for a half head and shoulders
EMA also show possible flying buddha to be formed.
and lastly which is something new for me,
the up volume does not seem to be strong at all.
careful observation has to be made before triggering on this.