Strike Analytics

Dow Jones

19 Apr 202108:17 AM

The DJI spent months contracting or coiling inside a tightening range as expressed by the two orange lines. but now it is breaking out on the upside and that is leading to an exponential move on the upside. It may go to the first channel line near 36200 or beyond that to the major channel resistance near 45000 much later. 

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