Dow Creates Huge Bullish Wick, Breaking Above Mega-Phone Resistance

Dow is now above megaphone resistance.

Click on picture to enlarge

John Melloy of CNBC writes an article in regards to the Dow pushing above the top of this mega-phone pattern and how it created the largest monthly bullish wick, since the bottom of financial crisis in 2009. (Click Here

FYI-This pattern remains bullish as long as the Dow stays above the top of the mega phone pattern!

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