Dow Jones Utilities Long Term (1942) Price Pattern

CLIFF NOTES: major target appearing on Dow Jones Utilities at/around 573.  Definitely the stronger of the Dow components but 1) monthly divergence is presenting itself, 2) a possible 5 wave (monthly) count completing, 3) THE AB=CD pattern from the all time low in 1942 is a little higher …so, believe this is the most important index to watch over the next couple weeks.

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2 Comments on “Dow Jones Utilities Long Term (1942) Price Pattern

  1. Pingback: why the DJ Utility Index formation is important | Bart's Charts

  2. Pingback: DJ Utility Index – important SELL pattern formed/forming. heads up | Bart's Charts

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