$DJI
Added 2024-05-22 12:47:33 +0000 UTC$DJI since inception.
This is very compelling
The Super Cycle between Wave 3 and Wave 4 consolidated between the 1.618 and 2.618 from 1959 to 1983
And we can see that the price action right now is consolidating between these same levels but now we are in Wave 5.
This is just an observation for now.....but a 50% decline from here brings the price exactly to the 200 MA on the monthly chart.
Comments
What happens after DJI hits end of this wave 5 Super cycle? Retrace back to 4 figs level doesnt make sense.
ray
2024-05-22 17:57:04 +0000 UTC
