Dow Jones Forecast, Expect a slight decline before resuming its upward movement.

EWM

Trader
Dec 25, 2021
18
0
7
26
Although the market has low liquidity, however Dow Jones is insisting on reaching 36600 and 37000 to close at these prices ( annual closings)

  • Technically: Dow Jones is on a strong resistance the could reflect the price to 355000

  • Wave Analysis: Dow Jones constitutes first wave out of 3. Wave 2 is expected to make a slight decline before resuming upward movement to reach 377000 which will be wave 3 in a big degree.

This bullish scenario will be canceled if Dow Jones exceeds the price of 34673.
US30USD.png