Dow Jones (Over Bought) Shorting chance Jan 2021

Atualizado
Hi
This index seems to be over bought to us as it is recovering from the Corona pandemic Crisis and the way it has rallied, we may have a chance to short it at its correction or so called retracement.

we can see bearish divergence of Price and MACD and combining this flow with Price Action Analysis it gives us more confluences of a down fall and a trend reversal or at least a retracement or market correction
we have specified some support levels which can be used as some target areas and some trend lines as the most fall levels

truly speaking we don't have any concrete fundamental reasoning behind such a fall but some how we can relate it to the upcoming chaos in the USA political and FinTech industry and giant MNCs who can be an other reason for an other crisis...

please bring some reasoning for this fall if you have any in mind...
Nota
soon will fall
Trade ativo
started its fall from higher levels.
DJI (Dow Jones Industrial Average) Index Analysis 05/01/2022
Chart PatternscrisisDJIdowjonesdowjonesanalysisdowjonescrashdowjonescrisisdowjonesindustrialanalysisdowjonesshortdowjonessignalsTechnical IndicatorsTrend Analysis

Também em:

Aviso legal