Dow

[Baa_Baa]

DOW appears to have put in a low during October 22, bullish rebound up through the large (E)MA’s and the down trend line from the high, back tested both for a higher low, and off to a solid end of year and start of 2023.

Chart here, notably this action is around the 61.8% Fib retrace from the ATH to Low. Up 17% from the lows, to being down only 9% from ATH, previously down 22%.

Too early to call a reversion to Bull market, but looking for support to hold and a new higher high would be encouraging. Markets are forward looking, they say.