DIS resistance and possible rejection off 161 fib level

29 août 2021Through the parabolic rally of 2021 DIS has now reached the 161 level of the March drop. This often becomes a critical inflection point. If broken, it can be a strong indicator of a bull trend but if the price rejects away from a 161 (Or makes a small false breakout that fails and breaks back under the 161) this is often one of the earliest warning signs of a trend faltering.