DJI New Low Hit | Imminent Crash (Wave C)

The DJI hit a new All-Time High (ATH) in early January 2022.

A correction started to develop right the next day and on the 24-Jan. we have the first low (Wave A).

A bounce took place (Wave B) and now the final wave of this corrective move is taking form (Wave C).

The 24-Jan. low has been broken today;
EMA300 failed yesterday as support.

With EMA300 broken as well as the last low as support...
We can expect to see soon how far down Wave C will go.

Additional details on the chart.

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Thanks for the support.

Namaste.

Commentaire:

That's a strong GAP we have today.

This is a very strong bearish signal.