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UnknownUnicorn1540828
Jan 18, 2021 8:15 PM

DJI : bearish perspective. testing major upper resistance 

Dow Jones Industrial Average IndexTVC

Description

Hi guys,

Right now, DJI testing a major resistance where 3 last attempts failed giving bears the upper hand. Got a good record with projecting DJI, I predicted the COVID19 crash (link below). be careful
Comments
spartanguardtradinggroup
Great, analysis. Dead on...
adam199631
when is your projection starts to kick in? Definitely needs a pullback.
jailee5
I agree, all indicators are pointing to a bearish trend and pull back. I see it pulling back to at least 26-28K --idk about 17K as you suggested above.
spartanguardtradinggroup
@jailee5, 15k then lower in the next 2 years, much lower....
ajcoul
@spartanguardtradinggroup, Damn, that's low.
spartanguardtradinggroup
@acoulombe218, Low, high, depends what side you trade on ;)
stonkasaurusrex
@spartanguardtradinggroup, what do you think the driver pushing stocks that low is going to be? I cannot see anything on the horizon and I consider myself bearish. Inflation?
spartanguardtradinggroup
@stonkasaurusrex, Deflation. #Exactly what is needed to get that low.
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