DJI may not be able to escape this top divergence

13 may 2021

The Dow Jones Index has risen for more than a year. Although the Federal Reserve continues to release water, the market has ample funds, and the Dow Jones index indicators continue to fail, this time the Dow Jones Index deviates from the daily macd top, and it may not be easy to pass the barrier safely.
On the one hand, the market has accumulated too many profit-making chips. On the other hand, the epidemic has repeated, India's economy has stagnated, and the United States will restrict China in the future and continue to create friction. All these have brought huge uncertainty to the global economy, and it seems that there is no good solution at present.
Returning to the technical level, although the top divergence this time is not special, I believe that quantitative changes will eventually lead to qualitative changes. The last dominoes pushed to the market may not be special. The first target for the Dow Jones Index to fall may be ma144. If it cannot be supported, it may enter a bear market later.