The DOWJ macro topped on December 4th, with other indexes topping later with money rotations going on, I have forecasted all year of this moment, through the topping pattern sequence I've had the DOWJ mapped to on the weekly TF, the best case scenario for the DOWJ is a "flash crash - correction " that sees the DOWJ crash-correct 32-34% and sees a reversal between end of MAY-JUNE 2025, and one last leg up for a macro right side top in MAY 2026, but at this stage pattern sequence is saying macro top is in and a macro bottom won't be in till 2032 at around 9.3k points, a long slow bleed to the downside after a 100 year run to the high. Markets work in cycles, understanding the macro cycles is paramount to understanding PA, I have already mapped in what I see coming for DOWJ and BTC, and are in some nice short positions and looking to add on the higher TF retraces and back test of higher TF EMAs, have an exit strategy and look for assets that traditionally swim against the tide in a macro crash-correction. Ensure risk management, have an exit strategy, ensure stop loss and take profit zones are in place Happy New Year to all and trade safely
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