DJI About To Correct?
Appears that the DJI may consolidate up top a bit and then correct downward. Maybe even by a couple thousand points? October can be an interesting month. Plus this could be in line with the possible BTC correction? I know the two are worlds apart but imagine a big correction in both markets at once. That would send some fear through all the markets.
Always fun to hedge against the DJI with instruments like FAZ. But these have daily fees of around 0.75% so never buy those unless you are certain of your strategy. They can eat your capital.
Not investment advice. But keep a sharp eye.
Always fun to hedge against the DJI with instruments like FAZ. But these have daily fees of around 0.75% so never buy those unless you are certain of your strategy. They can eat your capital.
Not investment advice. But keep a sharp eye.
Note
The DOW just went the longest without even a 1% drop since 1930. When it drops for a large correction it will potentially be historical.marketwatch.com/story/the-dow-just-logged-its-longest-period-without-a-1-drop-in-nearly-40-years-2017-10-30?siteid=yhoof2&yptr=yahoo
Note
Down 300 in past couple days. Possible dropping more a bit then consolidating and then major drop. All speculation.Weekly Chart
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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.