DJI Possible Drop Incoming for 2023

Good morning, Traders. Right now, weekly timeframe looking like some minor up movement is still possible, but don't let that move fool you. Monthly timeframe printed a HUGE bullish engulfing candle, if that level is broken, I am expecting DJI to drop down to the 28k level.

Projecting the first half of the 2023 will not be great for the stock market maybe the entire 2023. Only time will tell...

Well, that's it for today, Happy holidays everyone and have a great rest of the years! Happy Trading!

Handel aktiv:

Seems to be on the run today as expected, test that upper level and expect for a drop after that.

Be ready for more discounted prices on the stock market.

COMING SOON!!!

Handel aktiv:

Good morning Investors,

DJI is right at that zone and could potentially start dropping for the upcoming weeks / months. Still very early in the week and like I said, this is just starting so this may take some time. Expecting BEAR market for the next couple of months.

Hope this helps, & remember, HAPPY TRADING !!!

Handel aktiv:

It's almost as everything is already scripted lol...

Further rate hikes coming and the ceiling is unknown. Next several months will be tuff for the market.