DJIA is reaching the top of the wedge
DJIA is testing the top of the wedge 33000 and to continue higher we need to see a confirmed break above. Rejection and reversal here would lead to a pullback downside to the 30000-31000 zone. If we don’t see a substantial break above 33000 we are heading lower to 31000 possibly and it is opening the short trade possibilities. This will not change substantially an upside continuation dynamic.
Note – Look for the short trade entries with the stop loss above 33000
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