Dow- Different story, same idea

2020년 11월 8일

As SP500 and Nas100, we also have a strong recovery on Dow since March's low, but, unlike the others, the major companies index couldn't make a new all-time high( above February's high). Also, unlike the others, the recent low is a lower low, not a higher low as we see in Nas100 and SP500.
The index now is also in resistance and is contained in a descending channel.
I expect a new leg down and in the medium term Dow can reach 25000