DOW JONES has entered the SELL ZONE
Dow Jones / US30 has broken into the 0.786 - 1.000 Fibonacci zone, which is the top range of the Channel Up since September 2022.
That is the most efficient range to start adding shorts as a corrective Channel Down is expected to start in January.
Wait for the 1day MACD to form a Bearish Cross.
Target 35450, which is the 0.236 Fibonacci level and has been touched by both previous Bearish Waves of the Channel Up.
Previous chart:
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That is the most efficient range to start adding shorts as a corrective Channel Down is expected to start in January.
Wait for the 1day MACD to form a Bearish Cross.
Target 35450, which is the 0.236 Fibonacci level and has been touched by both previous Bearish Waves of the Channel Up.
Previous chart:
Follow us, like the idea and leave a comment below!!
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