Resistance is ahead! Can the Dow Jones make a break through?

20 Agu

• The index is clearly demonstrating a strong upward trend, consistently achieving higher highs and higher lows.
  
• During this upward movement, it previously established a bullish Pole & Flag pattern, and after breaking out, the index has continued to rise.
  
• At present, the index is trading just beneath its next resistance level.
  
• If the Dow Jones manage to break through and hold above this breakout point, it is likely to initiate a new rally.