DOW JONES Weekly chart shows broadening formation

DOW WEEKLY CHART

• An Ascending broadening formation in Dow weekly chart.
• Break down of the below line can bring the index down to 9000 levels.
• Break of the upside resistance can push the index beyond 12500.

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DOW JONES 30 minutes chart shows inverted Head and shoulders

DOW JONES 30 MINUTES CHART

• DOW 30 minutes chart shows inverted head and shoulders break out.
• TARGET for this break out is around 10470 region