Dow Jones DJI - fibonacci extension shorting targets
The chart is a bit selfexplanatory.
It projects the DJI to drop at least:
1) about 25% from its currenct position at 23.723 - retesting last bottom
2) drops 50% like previous bear markets - see fib level
3) drops almost 70% to reach 2.618 extension level.
It projects the DJI to drop at least:
1) about 25% from its currenct position at 23.723 - retesting last bottom
2) drops 50% like previous bear markets - see fib level
3) drops almost 70% to reach 2.618 extension level.