Dow Two Month Price Patterns Showing Weakness
Did today's big move in the Dow precast a bullish trend ahead? According to similar historical chart patterns, not within the next couple of months. Although, the third month is an entirely different story.
The third month chart pattern has significant consistency, where 84.62% of its similar chart patterns are trending up 4.40% in price, a considerable increase in the signal's strenght from last week at 72%.