#DJI Tested twice our green box demand and wicked a little lower to fill the gap. Then it finally reached our first mid target after the election results and set a new #ATH. 🎯

You can see in the LTF chart that the price got reaction exactly on the target pinpoints I gave.

There is no negativity in the technical outlook. The RSI is in the overbought territory in LTFs and since we have already reached the firsdt target, we may see minor corrections here to retest the previous ATH. It already left a big GAP at the opening and it may be desired to close these gaps in possible corrections.

The only thing that could spoil the positive outlook is tomorrow's interest rate decision and #Powell's speech afterwards, but I don't expect any negativity.

#StockMarket #Stocks #USEElections #USElection2024 #FED #FRED #FOMC #ratecuts #Powell
#dji
#DJI #ATH