DJI broke down the first level of support!

107
While everyone in the social media is talking about another market crash in 2021, and the inverted yield. DJI is showing signs of weakness and volatility which can continue for some time.

Scenario 1 - downtrend:
DJI broke below the 100 moving average, it has also broken the daily support trendline. This indicates either a downtrend momentum is happening or a correction to next previous resistance level that should act as a strong support.

Scenario 2 - volatility and continue the uptrend
DJI would just fall into volatility for 2 months and then continue its path to uptrend.

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。