DOW JONES for 29 May 2025 : It can test the patience but fall is very close. This may come tonight.
A real big fall on Dow Jones is very close. It can fall up to 8 to 10%
Hi everyone,
Since I have already voiced my concerns about this index in the last two posts, I have nothing new to say here. As of right now, it has removed around 300 points from the top. If it closes in red tonight, I wouldn't be shocked.
This is really on the verge of a huge fall, I must say. Differently, I feel that the steepest climb in history will occur if it can endure above 43200.
Since I have already voiced my concerns about this index in the last two posts, I have nothing new to say here. As of right now, it has removed around 300 points from the top. If it closes in red tonight, I wouldn't be shocked.
This is really on the verge of a huge fall, I must say. Differently, I feel that the steepest climb in history will occur if it can endure above 43200.
To be clear, I'm not referring to a straightforward drop of 300 to 500 points. I sense something larger in scope based on how I interpret it using technical indicators and Elliott waves.
It may be preparing for a fall of 8–10%. Alright, it won't drop right away, but we might be at the peak and then see levels that are eight to ten percent lower than this one in the future.
It may be preparing for a fall of 8–10%. Alright, it won't drop right away, but we might be at the peak and then see levels that are eight to ten percent lower than this one in the future.
Regards,
Praven Kumar
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