DJI correction completed
At this point we can count a clear corrective three wave pattern in the DOW, which has completed , and the market already reversed. Note the MACD crossover on daily chart.
This portends, as consequence, ATH in 3-6 month period. Be prudent though, as NDX has different structure which does not imply ATH at all.
Markets will be pushed to the upside by lower interest rates, and subsiding inflation that has seen its peek. Do not allow to be sucked in for to long on the long side, as recession is scare next.
This portends, as consequence, ATH in 3-6 month period. Be prudent though, as NDX has different structure which does not imply ATH at all.
Markets will be pushed to the upside by lower interest rates, and subsiding inflation that has seen its peek. Do not allow to be sucked in for to long on the long side, as recession is scare next.
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