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juliusyap
Apr 21, 2020 6:01 AM

DJI [D] : At the crossroad Short

Dow Jones Industrial Average IndexTVC

Description

DJI is at the edge of the rising wedge again. Last one was a much bigger one but this one seems to be the crucial one to define if the recent rebound is just a dead cat rebound or a pullback to launch to greater heights.
If broken below, will re-test previous support levels of FiboR 38.2% & longer term trend line (orange). Opportunity for short term SHORT until another pivot appears.
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