Dow Jones Industrial Average IndexDow Jones Industrial Average IndexDow Jones Industrial Average Index

Dow Jones Industrial Average Index

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DJI -> 32k is the target. Mass layoffs & AI replacement, wars, boomer retirement cashout, tumpenomics, revolutions, nationalization, stagflation. Things are going to get ugly. Rich get richer and the poor get…💩

US30 Getting Back on the See-Saw:
On the Hourly, we still have the 3rd and last swing from the Popgun pattern, after this bull run is over.

A bearish drop down can be back towards the S&R Zone that begins at 46,136. Let's see if the bears can cross through it to even get to the bottom of the Zone that's at 45,951.

If the bears drop below the S&R Zone, then more moves to the downside. But if they can't reach it, then back up again.

A giant W-shaped pattern is forming.
Snapshot

US30 pulled 350 points and decided to exit


US30 *Reminder:
After this bull run is over on the Hourly, we'll see a pivot for the bears to swing Down as the final move of the Popgun pattern that's still in play.

For this bullish pullback, it can either be a shallow one or further up towards the mean reversion price, so the range is from 46,100 - 46,409. Afterwards, the market can swing back down.
Snapshot

US30 ok now lets fly to 49000 guys


US30 bears still in control here... still expecting a drop


US30 We've got a Popgun pattern that formed on the Hourly. That shows up under highly volatile conditions. We'll see 3 swings from this that are widely consolidating moves like a See-Saw.

Here's the sequence of the 3 swings: Down-Up-Down. This bearish candle still forming kicked off the 1st swing. After the bear run is over, we'll see a pivot for the bulls to swing upwards.
Snapshot