We have a chart that shows the exact path that we believe the DJI will take and it is playing out perfectly:
We know that this index and the SPX move quite similar. And with the SPX now being super , the DJI might follow.
Support for the DJI is sitting at 25220, if this level breaks, expect for it to move much lower. If this level instead holds, expect a bounce before we can analyze the next move.
Overall, the indicators are and the chart structure as well.
After hitting a new all-time high, it is normal for the price to retrace.
Feeling the market: Strong crash ahead.
This information is not intended for trades.
Thanks a lot for reading.