Recent fall of DJI to 32340 was a result of a H&S pattern on D chart.
On the M chart, there is another potential H%S forming.
If the current week's 500+ pt gain doesn't continue momentum in the next fortnight, then the Right Shoulder is formed.
Pattern induced fall completes around 30000.
If, on the other hand, t is in a rising channel, then it can hit ATH of 37500.
On the M chart, there is another potential H%S forming.
If the current week's 500+ pt gain doesn't continue momentum in the next fortnight, then the Right Shoulder is formed.
Pattern induced fall completes around 30000.
If, on the other hand, t is in a rising channel, then it can hit ATH of 37500.