#DOW 12 Months
If you'd ask me, this is where DOW will land... until EOY.
13261 (top 12 month OB, below 20 MA) - 11019 (61.8% fib) - 10375 (golden zone) - 8721 (bottom OB, 70.6% fib), possibly 7890 - 6359.
But If I'd have to bet in a range would be 11320 - 10375, solid retrace, poke of 1 year OB and it's 50% zone, poke of golden zone.
High confluence zone... major crash :)
If you'd ask me, this is where DOW will land... until EOY.
13261 (top 12 month OB, below 20 MA) - 11019 (61.8% fib) - 10375 (golden zone) - 8721 (bottom OB, 70.6% fib), possibly 7890 - 6359.
But If I'd have to bet in a range would be 11320 - 10375, solid retrace, poke of 1 year OB and it's 50% zone, poke of golden zone.
High confluence zone... major crash :)
Comment:
NOT GONNA HAPPEN
Comment:
