Dow Jones Prediction
Updated
This is my prediction for the future of Dow Jones, I am pretty new to this so appreciate your feedback
I believe that we have high probability of not retesting the March low since we have already passed the 0.786 fib level during the rally. I think it will drop towards around 21000-23000 area before its slow recovery within the channel shown by the yellow arrow
I believe that we have high probability of not retesting the March low since we have already passed the 0.786 fib level during the rally. I think it will drop towards around 21000-23000 area before its slow recovery within the channel shown by the yellow arrow
Note
Sunday night though: since the robinhooders are one of the reason we were rallying so hard, would the drop be intensify by them selling off and going further down?
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