$DJI comparison of respective spike top reversals - 2006 & 2020
Dow Jones Industrial Average IndexDJ
Description
⋅ DOW After a spike top reversal in May 2006 the Dow ended up retesting a prior major support/resistance zone.
If the market continues to weaken are we looking at retest of the 25000 - 24500 prior support/resistance level... Currently ~8% lower