DJ30 update on Nov 29

Trader6868

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As my analysis from technical viewpoint, DJ is now in V wave of supercycle (V) wave...The V wave pattern is expected to be ending diagonal which now starts forming wave 4 belong to wave V.

DJ is now under down trend. It is testing again the resistant trendline after break down below this line. Expecting that it will fail to jump back above the trendline.

The first target is 12K and the 2nd one is 11K
 

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