⚠️ DOW JONES: Epic Market Top - Brace for 50% Correction!

πŸ“Š Market Overview

Timeframe: Weekly Chart (W1)
Market: US 30 Index (Dow Jones)
Bias: BEARISH πŸ”΄

πŸ“‰ Wave Analysis

The Dow Jones has completed a perfect five-wave impulse from the 2020 pandemic lows to current
highs near 47,000-48,000. Wave 5 has reached the upper boundary of a multi-year ascending
channel - a textbook reversal setup!

Critical Warnings:

  • βœ… Five-wave structure complete (18,000 to 48,000)
  • ⚠️ Wave 5 at channel resistance
  • πŸ“‰ Major correction target: 18,000-22,000
  • πŸ”» Potential 50-60% decline ahead!

🎯 Key Levels

Resistance (Current Top):

  • 47,000-48,000 (Wave 5 completion zone)
  • πŸ”΄ Above 50,000 would be rare extension

Support Targets:

  • 40,000-42,000 (channel break)
  • 32,000-33,000 (previous Wave 4)
  • 🎯 18,000-22,000 (ultimate target - 61.8% Fib)

πŸ’‘ Trading Strategy

Short Setup:
Entry: Current levels 47,000-48,000
Stop: Above 50,000
Target 1: 32,000-33,000
Target 2: 18,000-22,000
R/R Ratio: 1:9+ 🎯

⚑ Bottom Line

This is a once-in-a-decade setup! The combination of five-wave completion, channel resistance,
and historical patterns suggests a major market top. Similar setups preceded crashes in 2000 and 2007. Protect
your portfolio!

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