TVC:DJI   Dow Jones Industrial Average Index
DJI came damn close to breaking through that Ichimoku Cloud Support! If it didn't get saved by the support then it quite possibly would've broke through the 200EMA and we would've seen the Conversion Line cross back under the Base Line of the Ichimoku Cloud . If it eventually does, then we'll probably see 25000 again which is around the 38.2% Fibonacci Level on the daily. Maybe not today, maybe not tomorrow, but maybe soon! 🤔 The STOCH is also indicating there is room to drop further on the daily before getting into oversold territory. It'll be interesting to see if it can break back above the resistance of the Base Line on the daily. I'll be interesting to see what this week brings! 🤔