This Bullish run has gone for the last 2 months straight - which is a very important factor going into next month. Building off one of my most recent ideas, If you've noticed the historical pattern of Dow Jones Since 2022 there has never been a period of more than 2 months straight of price rising, after the close of the second monthly candle - the sell off begins..
Even looking at this specific Daily structure were currently forming now, If you also go look back from July 27, 2022 (when the sell off began) you'll notice were currently forming the same structure as well. Looking at the stochastic indicator - every timeframe beginning from the weekly and below everything is overbought.. Which means you should be expecting some sort of reversal sooner or later.
Even looking at this specific Daily structure were currently forming now, If you also go look back from July 27, 2022 (when the sell off began) you'll notice were currently forming the same structure as well. Looking at the stochastic indicator - every timeframe beginning from the weekly and below everything is overbought.. Which means you should be expecting some sort of reversal sooner or later.