DJ:DJI   Dow Jones Industrial Average Index
We check the 11year cycle of DJI and we notice that
every 11year theres a major crash due to uncontrollable
events,

since 1980+ the DJI 11year cycle is still the same we check
the major crash like
BLACK MONDAY
.COM CRASH
HOUSING MARKET CRASH
COVID CRASH

they have the same pattern after a major crash there's a
small follow up crashes and it wont go deep similar to major
crash that happen,

what we want to say here is, i think DJI is on the tract to
another Bullish years inside our 11year cycle, but it wont happen
right away if things goes to plan, if feds wont push higher interest
rates to not trigger the recession then we could see a great bounce
this late year or on middle of 2023 were crypto and stocks will bounce
and continue the bullish cycle inside our 11yr cycle,

if we look at the patterns possible DJI will touch 29k or 28k before
it bounce and start the bullish cycle,

our question here is what kind of event that will prevent DJI to fall
down more? the only thing we see is FEDS will stop raising rates to avoid
recession and most of people will live in inflation, just to protect the US economy
for not crashing it to recession.

lets see how FEDS will act on September or October to interest rates.

i will update this, once charts showing bounce signals
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.