I believe that the DJI is set up for a major correction. Looks like a double top has formed. I did 2 different fib lvls. Red lines is 2008 low to this high and orange is COVID low to this high. Lvls clearly marked. Do what you like with this and I could be wrong.
THIS IS NOT FINANCIAL ADVICE
Double Top or BottomFibonacciSupport and Resistance

Also on:

Disclaimer