ptoth25
Long

Large DJI Correction on the Way?

DJ:DJI   Dow Jones Industrial Average Index
I am fairly new to the markets, but I found a few similar features between the chart for the stock market crash of 1987 and our current situation. Any feedback is greatly appreciated!
Comment: With the DJI falling four days in a row, it brings the RSI down below 80. This is still very high as it has been above 70 for over a year now and if the bulls aren't able to stay positive, we could see a domino effect.
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