DJI experiencing a new congestion

The DJI is going upwards in a step-by-step way, congesting and breaking upwards. Many are saying that it is peak time but, despite the low volume, the uptrend
keeps itself alive.

Congestion reaching its end?

The current congestion in the Futures index seems to approach an interesting momentum since it has reached the primary downtrend and the fork resistance. Because of that, an interesting move is expected for the end of this week I think.

DJI congestion break out

Today we had the DJI upward break out with low volume. Anyway, next resistence is at 8300. Many are betting that tomorrow we'll have a secondary top formation, which I think it's reasonable given the NASDAQ chart above.

DJI in a congestion

The DJI is going thru a congestion in between 7800 and 8000 pts and after breakout it is estimated to advance around 300 pts.