DJI is at the edge of the rising wedge again. Last one was a much bigger one but this one seems to be the crucial one to define if the recent rebound is just a dead cat rebound or a pullback to launch to greater heights.
If broken below, will re-test previous support levels of FiboR 38.2% & longer term trend line (orange). Opportunity for short term SHORT until another pivot appears.
If broken below, will re-test previous support levels of FiboR 38.2% & longer term trend line (orange). Opportunity for short term SHORT until another pivot appears.