The Dow Jones has formed a PG on the hourly chart and has broken out.

It has been a long time since we were allowed to see such clean movements but today it is once again so far. On the hourly chart today a small hourly PG was formed and this is subsequently broken out. Two lows were broken on the downside, the SLs under these marks should now be history.

How can it continue now is the big question.an a short I do not dare me for a long time ran in the Dow. The subsequent buy rallies have always been far too strong and have probably taught some the fear. Through the new movement, however, some tension has returned to the market.

Here is a chart from the past and my open pgs in the Dow.
Since what has already come together in the whole years.

Let's see how it continues and whether there are still opportunities for a trade.

Source: (Guidants/Godmode Trader) & JFD Broker & Binance

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