DJI - Moving Sideways
This is what we call "ranging market". As you can see, recently DJI broke out the major resistance and since then, though market still move up but not much distance. And now the market moving sideways, where the price trapped between a support zone and resistance zone. In this case, it is safer for you who interest to go long to this market to wait for the market to go down to support and buy overthere.
Or wait for a breakout happen that give us an important information that Institutions will make it higher.
Or wait for a breakout happen that give us an important information that Institutions will make it higher.
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