DJI has seen a ton of SELL volume & in reality the environment doesn't seem conducive of any positives. Bu there are some.Pluses:
Doji - Needs more confirmation tomorrow.
Oversold on daily & support is 32.5k
Major long term downtrend is around 31.1k
Inverse Head & Shoulder can still pan out as long as #DJI doesn't break below the last barrier.
Technically, it can go to MAJOR support in the 30k area. Yes, it's ugly but that is some hope for the bulls.
The other indices don't look as good.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.