BitonGroup

Dow Jones Industrial Average Index (DJI) Analysis 05/03/2021

Short
BitonGroup Updated   
TVC:DJI   Dow Jones Industrial Average Index
as we can the there is a bearish divergence between Price and MACD, which is the sign of trend reversal and we can predict the 61.8% of Fibonacci retracement as one of our TPs
so soon we shall face an other recession
how big this time. we shall see.
if 61.8% Fibonacci retracement stands then we may go for a bullish rally and if not and braked down then a huge recession and history will be repeated again...
Comment:
new Idea has been publish which is updating this one:


Disclaimer

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.