Dow Jones Megaphone pattern, bounce of new support
Below looks at the Dow Jones Industrials Index over the past 100 years on a monthly closing basis- In the early 1980’s the Dow used old resistance to become new support at (1), where a breakout and strong rallied followed. CLICK ON CHART TO ENLARGE The Dow looks to be using old resistance as new … Continue reading Dow Jones Megaphone pattern, bounce of new support
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