I believe that the FED and U.S. Treasury are doing pretty good to support economy with their moves. However, I made a very simple observation on what DJ path might be in case economic and Covid scenarios get worse. I based my observation on a series of increasing tops(1,2,3) started after the March crash and not followed by another absolute top(4). This could be consider a first weakness of the V-shape recovery. I also see the crossover between a 20 SMA and 60 SMA. The closer we get to July with Q2s, the close we get to 18500 again ?
Thus imho, another absolute top, higher than top 3, must follow in the next few days as a strong proof of DJ strength.
I still have a neutral view of the index with a short view like in the pic, if economic scenario gets worse in the next times.