EDGE Chart of the Day – Dow Jones -DJI- (October 24th, 2024)

The DJI has spent the last 3 months appreciating within an ascending wedge. It is now breaking below it opening more downside for the index. We had already seen RSI divergences develop on the daily chart but this break gives more technical evidence that point to a bigger decline. 41376 (previous ATH) might be the next natural target for the index.

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