E-mini Dow Jones ($5) Vadeli İşlemleriGüncellendi YM Downtrend until Gapfill Before next major rally
I am looking at a repeat of the previous correction back in July 2023.
Some key takeaways:
Deathcross triggered April 4th
Hourly 200sma is now in downtrend mode
Currently in a bear flag consolidation to pullback into the declining 200sma
Space under the low of the bear flag in relation to the prior pivot low
A gap that needs to be filled at the start of the move higher
I don't know where the bottom will be at but I do know that the next bull move higher WILL take out the highs and continue on to make even more all time highs as we are still in a bull trend. I forecast Dow Jones to be around 75,000 at 2033.
Some key takeaways:
Deathcross triggered April 4th
Hourly 200sma is now in downtrend mode
Currently in a bear flag consolidation to pullback into the declining 200sma
Space under the low of the bear flag in relation to the prior pivot low
A gap that needs to be filled at the start of the move higher
I don't know where the bottom will be at but I do know that the next bull move higher WILL take out the highs and continue on to make even more all time highs as we are still in a bull trend. I forecast Dow Jones to be around 75,000 at 2033.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.