{"id":11347,"date":"2021-06-23T17:56:43","date_gmt":"2021-06-23T17:56:43","guid":{"rendered":"https:\/\/tradingshot.com\/?p=11347"},"modified":"2023-05-03T17:59:18","modified_gmt":"2023-05-03T17:59:18","slug":"dow-jones-is-this-a-giant-bullish-flag","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2021\/06\/23\/dow-jones-is-this-a-giant-bullish-flag\/","title":{"rendered":"DOW JONES Is this a giant Bullish Flag?"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>DJIA has been trading within a Channel Up since the U.S. elections last November. However since the May 10 Top, it has been trading under Lower Highs and Lower Lows which are the characteristics of a Channel Down.<\/p>\n<p>Last time we had such pattern was the sequence before the U.S. elections, which turned out to be a giant Bullish Flag. The 1D RSI has bounced off the 1 year Support Zone, same as late October prior to the elections. Can this be a similar Bullish Flag? If yes then Dow Jones will aim at the 1.382 &#8211; 1.5 Fibonacci Zone.<\/p>\n<p>&nbsp;<\/p>\n<p>Tradingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/DJI\/iHpkzYbT-DOW-JONES-Is-this-a-giant-Bullish-Flag\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/DJI\/iHpkzYbT-DOW-JONES-Is-this-a-giant-Bullish-Flag<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; DJIA has been trading within a Channel Up since the U.S. elections last November. However since the May 10 Top, it has been trading under Lower Highs and Lower Lows which are the characteristics of a Channel Down. Last time we had such pattern was the sequence before the U.S. elections, which turned out<\/p>\n","protected":false},"author":611,"featured_media":11348,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1639],"tags":[],"class_list":["post-11347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stockindices"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=11347"}],"version-history":[{"count":3,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11347\/revisions"}],"predecessor-version":[{"id":11351,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11347\/revisions\/11351"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/11348"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=11347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=11347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=11347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}