MontyMacht

DJI-12M-Jun162021-Log-SemiBearish.

TVC:DJI   ダウ平均株価
There's a strong indication from 2 yellow spirals of a change in flow this year, which means that this year would probably end as a red bar, and if the bear is strong, then next year as well. The tracing show a special point which turned up in many spirals at 47K near past year. This point is obviously not a target by itself but it lifts the upperbound of this year a bit to around 37K, which is around 2.5K more than the current peak. It also shows the possibility of a strong crash this or next year down to 20K. As for RSI, it shows more resistance than support, but nothing substantial. Indication overall is more towards a trend downwards.
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