The Dow Jones Utility Average (DOWU) appears t be very close to completing an Elliott wave - Ending Diagonal Triangle (EDT).
The 2017 high is 755.37 the high today is 755.00 with the FOMC announcement on 11/1/17 watch for the DOWU to possibly move
above 755.37. Also rising EDT's usually complete with a slight throw over beyond the upper trend line.
Mark
The 2017 high is 755.37 the high today is 755.00 with the FOMC announcement on 11/1/17 watch for the DOWU to possibly move
above 755.37. Also rising EDT's usually complete with a slight throw over beyond the upper trend line.
Mark
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.