Dji30
Dow Jones (DJI) Rising wedge formation$DJI
Big companies already done reporting earnings (which is 1 of the reasons for this rally), the closest noticeable big company - CISCO $CSCO reports Feb 13, apart from that no big dogs in sight for DOW
Currently watching rising wedge with targets: ~25k; ~24750; ~24650
Dow looking shaky on the daily currentlylosing 50 rsi on the daily and looks like toppy hanging man candle formation if the daily were to end now. could end up being wick but we lost the 50% retrace level we previously brokethrough.
on the bright side we did pop back up into this descending channel. while still bearish, it could range up quite high. thought we would see a bit higher in the indices before a correction but may be stuttering now
DJI 30 30KI have been waiting for this for such a long time. Finally we made a breath down so we can hop again. DJI world market stocks correction. -10% value. 100MA support. 38.2%FIB trump Rally. RSI oversold with signs for a correction. 78.6% FIB last leg of the move. Fundamentally everything looks perfect. Go for the 30K. 3 positions sizes with good RRR. Good Luck