We have the Dow Jones Industrial Average Index (DJI) opening red below MA200... Full bearish control.
This is the same signal we looked at on the S&P 500 Index (SPX).
Just like Ethereum, Cardano, Bitcoin, Solana, Polkadot, etc. The SPX, DJI, NDX all move together.
What one does, the rest follows.
Here is the daily MACD for the DJI:
We just lost a 20+ year long support.
This is a very bad signal that tells us of a potentially strong correction to come.
The correction has already started.
What is left is only to know how much lower can it go.
I've mapped multiple support levels on this and previous charts.
Namaste.
This is the same signal we looked at on the S&P 500 Index (SPX).
Just like Ethereum, Cardano, Bitcoin, Solana, Polkadot, etc. The SPX, DJI, NDX all move together.
What one does, the rest follows.
Here is the daily MACD for the DJI:
We just lost a 20+ year long support.
This is a very bad signal that tells us of a potentially strong correction to come.
The correction has already started.
What is left is only to know how much lower can it go.
I've mapped multiple support levels on this and previous charts.
Namaste.
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🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.