DJ:DJI   Dow Jones Industrial Average Index
As I am writing this, Dow Jones closing at 25800 climbing 547 points (+2.17%), one of the biggest rises we have seen in recent times on DJIA 2.17% . With this bounce, it seems to have concluded the corrective wave and is on its course to start its downward journey from hereon. If my guess is true, we may not see 26000 again on Dow for a very long time and the fall from here is likely to be steep. Expect initial levels of 22000 on Dow in the coming couple of months with the possibilities of extension of the fall wide open

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.