Dow Jones Triangle + Head and Shoulders? [2-hr chart]

21 mar 2018

Hi everyone,

Just a practice post with a useful idea or two to start what I hope to be a venerable series of posts for years to come. I hope my ideas are rewarding for readers and everyone involved.

I will publish ideas that myself and others are acting on with personal and professional money alike at or near real-time.

I apologize for the brevity and simplicity of this post; I plan to publish more wholesome analysis in the future as time allows and if my ideas are helpful to people, I intend to incorporate time into my day as needed to routinely and frequently share valuable thoughts.

Thanks in advance for lending me your attention!

What I wanted to point out for my first practice post are two features on the DJI Dow Jones Industrial chart tracing out as of 3/21:

1) The big triangle myself and others have noticed on the 2-hour chart (also prominently visible across multiple time frames), and

2) A head-and-shoulders pattern tracing out, resolutely visible on the 2-hour chart.

Thank you for reading!

Please like, follow, and share, and maybe we can have fun and do great things together. I will work to publish deeper, more thoughtful write-ups from here on out.

Thanks again!

Holst

** This post does not represent any recommendations and is intended only for speculative and research purposes **