The chart for the Dow Jones (DJI) is basically the same one as the S&P 500 (SPX). So needless to say, this one will crash as well.
My long term analysis for DJI is still valid, you can see it here:
This new crash that is incoming is just an extension of the one I mentioned above.
Looking at the chart:
We have bearish divergence showing up on the MACD and RSI.
The rising wedge pattern is bearish in nature.
Resistance is being reached. Expect a minor push up followed by the drop.
Make sure to SELL/SHORT before the crash.
P.S. This information and all information shared on the Alan Masters (@alanmasters) channel is solely for learning and entertainment purposes only. This is not financial advice.