To The Moon

Today a quick analysis on $.DJI(.DJI)$ as I’m on my year-end holiday in beautiful Laos.

Laos, Lua Prabang

Dow Jones Index (DJI) Technical Analysis:

• The Dow Jones Index is currently trading within a well-defined equidistant channel, characterized by higher highs and higher lows, confirming a strong uptrend over the observed period.

• Channel Boundaries:

  The top of the channel is estimated around 47,500 to 48,500, acting as potential resistance if the index continues its upward trajectory.The lower boundary serves as dynamic support, providing a guideline for possible pullbacks.

• Trend Strength:

  The consistent structure within the channel highlights sustained bullish momentum.Any significant deviation below the channel could indicate a shift in trend dynamics, while a breakout above the top boundary could signal accelerated bullish activity.

I hope this analysis is useful.

For short-term trading DJI with Daily leverage certificates, these are the contracts on DJIs:

Long DLCs - $DJIA 5xLongSG250911(CUJW.SI)$

Short DLCs - $DJIA 5xShortSG250911(CVFW.SI)$

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Disclaimer: 

This document is not an offer or solicitation to buy or sell, nor financial advice or recommendation for any investment product. This document has been published for general circulation only. 

This advertisement has not been reviewed by the Monetary Authority of Singapore. This post is sponsored by Societe Generale, Singapore Branch. The content of this article does not form part of any offer or invitation to buy or sell any daily leverage certificates (the “DLCs”), and nothing herein should be considered as financial advice or recommendation. The price may rise and fall in value rapidly and holders may lose all of their investment. Any past performance is not indicative of future performance. Investments in DLCs carry significant risks, please see dlc.socgen.com for further information and relevant risks. The DLCs are for specified investment products (SIP) qualified investors only.