DJI trend analysis
Current market movement looks like a beginning of a downtrend according to Elliott wave theory.
A small pullback taken by the market and from point A it's taking resistance.
confirmation of downtrend would come if point B breaks and market continues to rally down.
A small pullback taken by the market and from point A it's taking resistance.
confirmation of downtrend would come if point B breaks and market continues to rally down.
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.