![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhEzA5c8aj5a36g515J2_Tn2q9iIsrqSmwu4QCVLe29QQC2_KoMbLv8Kidt2uZ8EWBV9uefYxTYJ-iYQbAR04L28n5aJlNJx7OPPle2tdkSOTHX9dNct76n7VjoqgZ-oibok1GVfDJY6Rbq/s400/2007Aug-Dow+Jones+Industrial-640x682.png)
DJI has moved up more than 1% and closed high at 13378.
Currently, it is getting very near to its downtrend resistance line. It will be a good sign if it is able to break through it, if not, we will see DJI coming down again.
Base on Elliot wave theory for corrrection, DJI will come down again before pushing up further. I believe the next fall will not be as bad as the recent one, if not, really need to be careful.
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