As usual, analysts and market participants are constantly conducting various analyzes and looking for some trends similar to the past. This time we focus on the American Nasdaq and Dow Jones indices.
In the final months of the Wall Street bull market, technology has absolutely dominated other sectors of the economy. Huge divergences have formed on the index charts, especially with respect to the Dow Jones Industrial Average.
It is worth noting the fact that the previous similar situation occurred at the end of 2021 and was near the peak of the previous bull market.
Now, the spreads between these indices, namely the Nasdaq and the Dow Jones Industrial Average, are much larger due to the impact of artificial intelligence, which means there is a high potential for a potential correction if the spreads were to be removed.
