Skip to main content

Disney - still the "Magic Kingdom?"

July 7, 2025

Everyone should be able to see the BIG cliff of support that Disney (DIS) just bounced off and, if correct, just completed a classic EWT "Flat" Correction ...it's supposed to look like an "N."

There is a lot of resistance into 130 so a firm weekly close above 130 is bullish for DIS.  If the SELL PATTERN works (we have no idea which ones will and which ones won't) then this price action should break that crucial support lower. 

What is going to happen to the Magic Kingdom?

Sell PATTERN complete on DIS, new lows ahead?
Filed Under: