Chart courtesy of StockCharts.com
A rising wedge in the Dow, as shown above, with a closing price that equals the high for Friday, December 4, 2020 indicates a repeat performance of February 2018 with a sharp decline expected over the next week.
Intermarket structural analysis research
Chart courtesy of StockCharts.com
A rising wedge in the Dow, as shown above, with a closing price that equals the high for Friday, December 4, 2020 indicates a repeat performance of February 2018 with a sharp decline expected over the next week.