The DJI hit a new All-Time High (ATH) in early January 2022.
A correction started to develop right the next day and on the 24-Jan. we have the first low (Wave A).
A bounce took place (Wave B) and now the final wave of this corrective move is taking form (Wave C).
The 24-Jan. low has been broken today;
EMA300 failed yesterday as support.
With EMA300 broken as well as the last low as support...
We can expect to see soon how far down Wave C will go.
Additional details on the chart.
You can check the "Related Ideas" below for more Dow Jones Industrial Average, S&P 500 Index, Bitcoin & Nasdaq analyzes.
Thanks for the support.
Namaste.
A correction started to develop right the next day and on the 24-Jan. we have the first low (Wave A).
A bounce took place (Wave B) and now the final wave of this corrective move is taking form (Wave C).
The 24-Jan. low has been broken today;
EMA300 failed yesterday as support.
With EMA300 broken as well as the last low as support...
We can expect to see soon how far down Wave C will go.
Additional details on the chart.
You can check the "Related Ideas" below for more Dow Jones Industrial Average, S&P 500 Index, Bitcoin & Nasdaq analyzes.
Thanks for the support.
Namaste.
Note
That's a strong GAP we have today.This is a very strong bearish signal.
🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.