Comment :
1) Market correction is predicted, at least, to 28638

Support & Resistance :
S : 28638

Remark :
- length of ab = cd = de


DISCLAIMER :
Analysis above SOLELY for case study purpose, not a PROFESSIONAL ADVISE. This analysis does not provide any trading advise and buy or sell. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.
Note
DJI has eventually reached Level-2 at around 25638 as forecasted in June, and has a little rebound since then. Not a reversal of trend yet as market risk is still high. A Level-3 in falling trend will only shown if DJI broke down Level-2.

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Note
Further update on DJI subsequent to a great rebound since Oct'2022. A Bear signal is out on daily chart, set the highest price as resistance.

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Note
Further update on DJI
DJI has BO the Bear signal resistance set on 17-Nov and carry on the trend.

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Note
Further update on DJI
3rd Bear is out, make it today's highest 33773 as resistance

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DJITrend Analysis

Disclaimer