DOW (DIJI) UPDATE

26 mar 2020

Update from the chart I posted on 03/17. Most targets have remained the same. Updated Fibonacci retracements. DOW closed above the .382 level, next target is $23,475 which lines up with the 50 EMA (yellow line) on the 4H chart. Things to note, the golden pocket is between $2500-$25500 which is unlikely but still a possibility. Trade with caution, I believe the top of this rally is around the $23,475 zone & we will still drop to the breakout target at $16,870 - 17K.