Bearish DJI Analysis
Notice that in the past when price touched the red line it always led to a subsequent move in the opposite direction. Well folks price is now touching that line again. If my statistical analysis plays out we are headed for 26000! I demarcated 26000 as a potential landing zone due to historic S/R that is somewhat visible to the naked eye.
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.