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  • Writer's pictureEkat

Dow Jones Chart Analysis | DJI Stock Chart for 27th October 2023

DJI is looking good for minor up swing that will make people believe that downside is over, but this could be wave B. USDX is looking for some pull back and DJI will move up in ABC format and then fall in wave C to complete this wave 2 which has been in the pipeline for a long time. Dow Jones Chart Analysis is showing that the price is coming down and hitting the support. Price action will show eventually that the bounce forms in a 3 wave pattern to complete wave B. This chart is an alternative to chart to our previous DJI chart. The sharp move down looks like completion of wave A.

I will be waiting for some nice price action to sum up som move up. Waiting for some action here.

Dow Jones Chart Analysis - the price is coming down

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