INDU Falling Wedge forming — Daily chart signal

INDU is compressing inside a falling wedge on the daily chart - 5 swing points, 6.8x ATR wide at the start.

Upper line 1,879.44, lower line 1,732.27. The pattern favours an upside resolution: a daily close above 1,885.55 confirms an upside breakout, a close below 1,726.16 a downside break. Still active - first identified on 06 Oct 2026.

Structure: bullish external, bullish internal (strong low 1,685.00). Nearest demand OB 1,175.00 - 1,238.00.