DJI(Dow Jones Index) index reminds me of BTC(Bitcoin)

DJI is still after months showing a large bearish divergence and looks to be in bad shape. ("What goes up must come down") a famous quote, looking at the chart we can see that all indices including the Dow Jones is over extended and showing a major signs of push back. Prediction is we will see a decline unlike we have seen before in the market due to multiple matrices such as, soon to be rising interest rates and 30 year high inflation in the United States. Targets range from negative %25-45 and that's just based on reversed momentum bias. I will be short until strength in the indices increases.

Trade active