.DJI& .SPX: What's Going on Next?
Hello everyone! Today i want to share some technical analysis with you!
1.
$.DJI(.DJI)$ 11th in a row?
Almost unheard of--DJI closes RED for 10 consequtive days.
Although I think the previous day's low will be tested and broken, today's bar has to be GREEN.
That is my bet.
2.
Three lines to watch for $.SPX(.SPX)$ : MA50, 100 & 200.
If closes lower than 5924 (MA50), high likely to visit next line around 5770 (MA100). By the same token, if 5770 lost, then the BLACK LINE around 5523. Yeah, a bit ahead of ourselves here, but this correction is at a higher level.
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- jo1·12-20 14:28Great article, would you like to share it?LikeReport