Dow jones

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Dow jonesDow Jones Industrial Average IndexTVC:DJIContraryTraderChart is self evident but let me explain. Top of weekly channel 5yr resistance (YELLOW) Top of tariff rebound channel (WHITE) Outside weekly and daily bollingerband Basically we are at extreme resistances really overbought.. imagine trying to break through something while being low on fuel. The candle pattern " 3 white soilders" from the bullflag breakout has played out. The 4th candle usually completes the sequence So now I think this is a channel trade and we head back to support 50sma or 47,000 From there if we lose 47,000 or 50sma then we head back to 44,900