US30 - Triple top breached, approaching rising trend line
- Dow's Triple top breakdown if followed by a breach of rising trend line on the hourly closing basis would mean a temporary top is in place at 18,0818 levels.
- A subsequent sell-off then could see the index drop to 17,685-17,500 levels.
- On the higher side, a convincing day end closing above 18,018 levels is essential to signal continuation of rising trend.
