Trade of the Day DJIA

DJIA is testing the upside pennant resistance

 

DJIA is testing the bullish pennant resistance 34800 again for a breakout higher. A break above this resistance could lead DJIA higher to 37000 and a bullish continuation. A rejection here is required for a turn lower to 33000 again.

Note: you can enter the long trades upon a break above 34800 with the stop loss below 34500.

DJIA is testing the bullish penant resistance

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