Dow Jones Industrial Average Crash Ahead (Bearish Divergence)
The chart for the Dow Jones (DJI) is basically the same one as the S&P 500 (SPX). So needless to say, this one will crash as well.
My long term analysis for DJI is still valid, you can see it here:
This new crash that is incoming is just an extension of the one I mentioned above.
Looking at the chart:
Make sure to SELL/SHORT before the crash.
P.S. This information and all information shared on the Alan Masters (@alanmasters) channel is solely for learning and entertainment purposes only. This is not financial advice.
Hit LIKE if you found this useful in any way.
Thanks a lot for reading.
This is Alan Masters.
Enjoy your weekend.
Namaste.
My long term analysis for DJI is still valid, you can see it here:
This new crash that is incoming is just an extension of the one I mentioned above.
Looking at the chart:
- We have bearish divergence showing up on the MACD and RSI.
- The rising wedge pattern is bearish in nature.
- Resistance is being reached. Expect a minor push up followed by the drop.
Make sure to SELL/SHORT before the crash.
P.S. This information and all information shared on the Alan Masters (@alanmasters) channel is solely for learning and entertainment purposes only. This is not financial advice.
Hit LIKE if you found this useful in any way.
Thanks a lot for reading.
This is Alan Masters.
Enjoy your weekend.
Namaste.
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