Dow Jones Index's Rapid Move Towards Historical Highs 🚀
🟢The Dow Jones Index has recently begun its ascent towards its historical highs again, after reaching a new peak and undergoing a brief correction. It seems poised to surpass this level once more.
🟢Analysis Highlights:
🔸Combining Fibonacci extensions and Elliott Wave theory, the ultimate target for the current leading wave is pegged at the historical ceiling of 40,000. Following this peak, a retracement to either 38% or 50% is anticipated before potentially breaking through the historical high.
🔸Considering this trajectory, taking long positions on this index appears logical. If you already hold positions, securing profits at the historical peak zone is advisable.
👍 Like, comment, or share if you found this insight useful! Follow for more updates: #Tradecitypro #TCP 🚀
🔖 Categories: Trend Analysis, Elliott Wave Theory, Fibonacci Studies
📌 Keep an eye on these key levels and happy trading
🟢Analysis Highlights:
🔸Combining Fibonacci extensions and Elliott Wave theory, the ultimate target for the current leading wave is pegged at the historical ceiling of 40,000. Following this peak, a retracement to either 38% or 50% is anticipated before potentially breaking through the historical high.
🔸Considering this trajectory, taking long positions on this index appears logical. If you already hold positions, securing profits at the historical peak zone is advisable.
👍 Like, comment, or share if you found this insight useful! Follow for more updates: #Tradecitypro #TCP 🚀
🔖 Categories: Trend Analysis, Elliott Wave Theory, Fibonacci Studies
📌 Keep an eye on these key levels and happy trading
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🤵 Business Contact: Tradecityproteam@gmail.com
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🏆 Best Crypto Exchange: bit.ly/tcpbit
🤵 Business Contact: Tradecityproteam@gmail.com
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.
💥 Don’t Miss Out!
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🏆 Best Crypto Exchange: bit.ly/tcpbit
🤵 Business Contact: Tradecityproteam@gmail.com
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🏆 Best Crypto Exchange: bit.ly/tcpbit
🤵 Business Contact: Tradecityproteam@gmail.com
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.