After recovering from the correction DJI is tanking again. This time there it only has EMA 50 as a support before bots start to panic sell and cause DJI to suffer more. If DJI goes below the long term support then things will not be as fun anymore.
With FED raising interest rates major US markets are running out of their fuel and I do not see this bull run going for years again. Bulls are getting tired, and Bears are sharpening their claws. It is time to watch DJI closely.
This is not a trading advice and I am not responsible for any losses may occur from following this idea. Always DYOR.
With FED raising interest rates major US markets are running out of their fuel and I do not see this bull run going for years again. Bulls are getting tired, and Bears are sharpening their claws. It is time to watch DJI closely.
This is not a trading advice and I am not responsible for any losses may occur from following this idea. Always DYOR.
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DJI is on its way to the mean/long term support.Do not let "market wizards" fool you, it is bound to happen.
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Lets if if DJI can go beyond its ATH.