Is DJI started its downtrend journey?
Is DJI started its downtrend journey? I think it's too early to say this because right now DJI is trading in the consolidation zone.
On the upside major resistance @ 22350-23350 and the downside major support @ 15800-16100. Between these two major resistance and support zone, there is also a consolidation zone @ 17000-22500.
I am not accepting V shape recovery in DJI. May be DJI will start it's the downtrend on higher time frem or it will be in a consolidation zone for a long time.
https://www.tradingview.com/x/ewjAcAnM/?_ga=2.14453943.1064141235.1585910650-1032367771.1582562479
On the upside major resistance @ 22350-23350 and the downside major support @ 15800-16100. Between these two major resistance and support zone, there is also a consolidation zone @ 17000-22500.
I am not accepting V shape recovery in DJI. May be DJI will start it's the downtrend on higher time frem or it will be in a consolidation zone for a long time.
https://www.tradingview.com/x/ewjAcAnM/?_ga=2.14453943.1064141235.1585910650-1032367771.1582562479
