worldsapart89

DJI to fall more in the near future

Short
DJ:DJI   Dow Jones Industrial Average Index
I just don't like how the current candle sits on the upper band of Keltner channel (x3 multiplier) and VI- is stretched badly. Linear regression all the way from the bottom of the 2008 financial crisis shows we're due for a pullback. I don't believe the bearish sentiment is over yet and we will see more sell-off in the coming months. Watch for the first fibonacci retracement.
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