Tuesday, March 20, 2018 2:35:34 PM
Jeff
Here is Pretzel's Dow Chart using 60 min version here, from a Bearish point of view he wants the two descending trend lines to contain price. For sure the top one or the Bears are in trouble above those levels. The Bearish case doesn't fully die until the horizontal line at 25450 gets taken out.
The two targets are the Xing Trend lines which I've highlighted by placing horizontal lines through the intersections.
First target 24940.
Second target and the one that needs to contain price 25065.
Here is Pretzel's Dow Chart using 60 min version here, from a Bearish point of view he wants the two descending trend lines to contain price. For sure the top one or the Bears are in trouble above those levels. The Bearish case doesn't fully die until the horizontal line at 25450 gets taken out.
The two targets are the Xing Trend lines which I've highlighted by placing horizontal lines through the intersections.
First target 24940.
Second target and the one that needs to contain price 25065.
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