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Dow Jones Industrial Index near Fibonacci extension level

Indeks Dow Jones Industrial Average (DJ:DJI)  
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DJ:DJI   Indeks Dow Jones Industrial Average
Support and Resistance Fibonacci Oscillators Fibonacci Extension resistance_level
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supportandresistance fibonacci oscillator fibonacciextension resistance_level
The DJI might see resistance at the 2.62 (rounded) Fibonacci extension level, drawn from the 2007 top and the 2009 bottom. This Fibonacci is around 26,500 so about 2% away from current levels.
Also, the current levels seen on the MACD and RSI are extreme (overbought) levels in historical context. This suggests a high probability of a near term correction or sideways movement.
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