DOW FAILED H & S PATTERN
DOW completed its H & S pattern, tried to move above it and then again came below neckline. Now for short traders it is a visible and concrete SL .
Mac D is below signal line which is sell signal but 20 DEMA has crossed 50 DEMA which is bullish sign. So, there is confusion.
Short term support line joining lower high is showing next lower high is placed at. appx 33200.
Mac D is below signal line which is sell signal but 20 DEMA has crossed 50 DEMA which is bullish sign. So, there is confusion.
Short term support line joining lower high is showing next lower high is placed at. appx 33200.
כתב ויתור
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