Has Dow formed a Head and Shoulders Pattern. See image? Some may call it a flag sloping upwards but it does seem like a H&S pattern.
The neckline seems broken - so a few days of upside to touch the trendline and then down? I suppose next week would be up and then the week of jobs report would bring it down like a pack of cards.
Any thoughts?
The neckline seems broken - so a few days of upside to touch the trendline and then down? I suppose next week would be up and then the week of jobs report would bring it down like a pack of cards.
Any thoughts?
