Interesting week aheadHow do you think - will they rise? i think they will - why? Why not? Buy I am usually wrong, so perhaps this time will not be different.
DOW is at interesting level, where market will need to decide - they want the blue chips to grow or fall...
I am neutral at this point and I will be watching the
Potential Crash for Dow Jones after breaking support today!Due to Delta Variant worries the market had a decent dip today, but honestly that is the least of my worries. The support and resistance channel was broken pretty badly as seen by my blue lines. Also with MACD confirming a dip to the downside it seems this will be a long term trend. However RSI is a
Bearish Stockmarket DJXA fortnight ago gave us a real warning with big drops in the market.
10th May was the last higher high and the stochastic RSI showed pressure and selling commenced
.Close to a month later 7th June the stochastic RSI was overbought once again but this time the price had dropped a lower high positio
$DJX Daily TOP #Dow$DJX may be on the verge of a major decline.
Many signals points into that direction:
- S13 exhaustion point recorded today (October 6th)
- Daily Price Flip
- Daily close near Demand Line
- Wave B recently triggered after a recent advance of 5 upwaves
- RSI lagging near neutral zone
From this obs
A Detailed Roadmap for the Weary Traveler + Short SetupTrading complex corrective waves is very difficult. You know this to be true if you've been trading for the last 1.5 months.
Well, this market is fickle. It didn't reveal its wave count until today.
But now that it has, those who still have the energy and the capital will profit mightily.
Wait j
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Displays a symbol's price movements over previous years to identify recurring trends.