DJI Bearish
Updated
DJI outlook: Monthly and Weekly, i feel with the current economic climate and the world being on fire, especially the supposed banking crisis just around the corner, its hard not to feel the recent bullish action since Oct 2023 was a melt up to allow large money institutions to exit at the best possible prices.
Prev ATH was ran through completely, and i anticipate the index retracing back to test support at the blue zone/50% level of the weekly range.
Prev ATH was ran through completely, and i anticipate the index retracing back to test support at the blue zone/50% level of the weekly range.
Note
P.S - all indicators are on there to assist visually and save myself time from putting each zone in :)
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