DJI Possible move
DJI could be going to around 15-16,000 area along with other indices.
If you go to the monthly chart and pull a Fibonacci retracement from 2009-2019 (down to up) 15,000 is at around .618 (golden ratio)
Fundamentally, the stock market should be f*cked from whatever is going on right now. So this might help.
From there, price might spike up in within weeks to create a bull trap and bear market after.
If you go to the monthly chart and pull a Fibonacci retracement from 2009-2019 (down to up) 15,000 is at around .618 (golden ratio)
Fundamentally, the stock market should be f*cked from whatever is going on right now. So this might help.
From there, price might spike up in within weeks to create a bull trap and bear market after.
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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.
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.