jangseohee

DOWT, closed above neckline

DJ:DJT   Dow Jones Transportindex
2
After faking out from the Megaphone as H&S, price got rejected below the neckline but somehow 8694.68 coincide with Christmas Mood.
The second day after Mdm Y reassured interest rate remains the same (plus a blackmailed from Mr. Market), price closed just a fraction above the Neckline!
Well, the immediate resistance (whether it is strong enough) will be the upper ascending Megaphone line.
If price were to break this resistance and further clear the shooting star high, the entire purple region could be a left shoulder.

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