The Dow Industrials showed signs of technical weakness in the form of a bearish “outside reversal” on Wednesday that could be forecasting a profit taking pullback in the index. A violation of 19,748 would be near-term bearish from a charting standpoint.
https://sevensreport.com/wp-content/uploads/2016/12/DJI-12.15.16.png260408Tyler Richeyhttps://sevensreport.com/wp-content/uploads/2019/02/sevens-report-research-logo.pngTyler Richey2016-12-16 08:00:512016-12-15 16:23:12Chart of the Day: Dow Weakness Ahead?