Dow Jones Leading the indices? Next target sky high

Theo Timonrosso
Extended W Formation has formed on Dow Jones.

WHile other indices and stock exchanges are falling or moving sideways, this one is racing up without any shackles.

There's always been a price breakout above the downtrend since Aug 2023.

All in all, it's looking very bullish and is showing upside to come.

Target R35,689

What's interesting is the DOw Jones, SP500 and Nasdaq are normally the leading indices. So could this be a prediction that other indices (including ours) are ready to rally to new HIGHS of the year?

If so, we need to prepare for this possibillity with hedging carefully.
americaChart PatternsdowjonesdowjonesanalysisdowjoneslongFundamental AnalysisTrend Analysisws30
Timonrosso
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)

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