DJI Crash Last Reminder

11 Feb 2022

Here we can see how the DJI bounced off the EMA300 grey line just to end in a lower high.

Since we have a lower high, the next time that prices are pushed down they will go to the next MA and that should be around EMA500 (or the equivalent for the next support area).

In a nutshell, the correction is likely to be resumed.

You can read all the details, the targets and more by visiting my previous trade ideas on this index.

7-Feb.

28-Jan.

23-Jan.

Thank you my friend, I am really joyful to have your continued support.

Namaste.

P.S. Nasdaq (NDX) is also on the crash list but I reached my posting limit.
See you tomorrow.