Dow has yet to enter into correction territory. Dow has now reached the key fib level and a move to TP1 would take down into correction zones.
I do believe a big shock is needed to achieve this. Im hoping the ukraine/russia confilict could be it. Other fundamentals to consider is the 4 rate hikes planned as well as the contracting USA GDP
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.