Dow Jones corrected sharply on Mar 21. In my previous posts I mentioned about importance of 21000 level for Dow Jones and possibility of strong resistance at that level.
Inside Pitchfork is working beautifully on entire move post vertical rise after US Election results. Index reversed from 1 Standard Deviation(SD) upper line making Top and today bounced from 0.5 SD lower line(Market is open right now). Break of 20400 on daily closing will be bearish for Dow Jones.
It will be interesting to see impact of new major solar cycle started on Mar 22.
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