DJI - Falling Trend Channel [MID TERM]

30 באפר׳ 2023

- DJI is in a falling trend channel in the medium long term.
- This signals increasing pessimism among investors and indicates further decline for Dow Jones Industrial Average.
- DJI is testing resistance at points 34100.
- This could give a negative reaction, but an upward breakthrough of points 34100 means a positive signal.
- DJI is assessed as technically negative for the medium long term.

*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price

*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN

Verify it first and believe later.

WavePoint ❤️