Dow Jones Testing Resistance. Breakout or Heading Back to 20,000
Dow Jones (US30) holds above surges above 22000 today which is an important level in the short term. The 4-hour chart is showing us that it is in a descending channel.
What do we have here?
✔️ Descending Channel
✔️ DJIA- Pushing Minor Resistance Level
Thank you, Connor,
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What do we have here?
✔️ Descending Channel
✔️ DJIA- Pushing Minor Resistance Level
Thank you, Connor,
Please feel free to follow me to get more analysis. On Tradingview I share 1hr, 4hr, 1D, 1W charting analysis across major instruments only. For more short term analysis and trading ideas please subscribe to The Margin Call.
