DOW

New bull market has already started..
Loads of shares are looking like they’re getting ready to explode out.
DYOR
Remo

Dow Jones : Descending Broadening Wedge pattern... chart shows the target on weekly... people who are keen can check the validity of the formation... comments welcome, else I feel I am talking to self☺️. Very bullish mostly....

A close above 34000 looks very bullish

Guys, is it a massive reverse head and shoulders on dow?
Attached is the original one and upside down charts...
With target up to 37-38k? !!!

dow- daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...1g1H7Xj+iPlVAdN0GA4=

I wouldn't trust this market at the moment imvho.
Yes its broken above the falling resistance down trendline....but we didn't get a further big move up...
which is what we would normally get when trendlines get taken out as it should be a momentum trigger.

In fact this market as things stand today is still making lower lows and lower highs...
Add the bearish rsi div and another nice down move wouldn't be a big surprise imho.

Another possibility is sideways markets for some time....maybe months.

Lets see... i just don't think the bears are out of this game just yet!

atb, wdik, dyor,
trendfriend

Not sure about a bulll run but certainly the move has some power.
I would be looking at the 34000 mark where I have got my resistance level. Potential consolidation but is looking good