Head and shoulders pattern @DJIA Index
If Dow Jones Industrial Average Index(#DJI Weekly Log Chart) Close below Read Line(Head and Shoulders NeckLine) On Weekly Chart Than Head and Shoulders Confirm.
The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
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