My chart last week showed momentum waning and DJI perhaps reaching a turning point.
After reaching major resistance DJI started to retreat albeit very slowly.
Today DJI closed quickly the gap created from the open after what appears an initial 5 wave down.
If correct DJI may aim for the other gaps on the downside in wave (3).
Next week should be interesting.
Good Luck
After reaching major resistance DJI started to retreat albeit very slowly.
Today DJI closed quickly the gap created from the open after what appears an initial 5 wave down.
If correct DJI may aim for the other gaps on the downside in wave (3).
Next week should be interesting.
Good Luck