Chances are good that the Dow Jones does not stop at 34000 points and crushes through that zone like Shaq used to do back in the day. If the Dow manages to also crush the resistance at 34336 points, our alternative scenario will prevail and bring even higher quotations. In our primary scenario, however, we believe that we take a long road here and that the Dow will correct a bit, before pushing for 34500 points.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.