Short
Us30 will fall another 200 points before going up to 32,800
currently we are seeing the dow spike up ( green for almost 9 hours straight)... the dow is going parabolic which is not a good thing because when you get large moves like these without testing previous resistance you will end up going down at some point. (just like when the vaccine news was released)
i do think that we will go down another 270 points before going up a little for 1 more leg up before we break this huge rising wedge.
here are your selling/ targets:
a good selling point is at 32,364
and your only target is at 32,096
(TAKE TRADE AT YOUR OWN RISK)
i do think that we will go down another 270 points before going up a little for 1 more leg up before we break this huge rising wedge.
here are your selling/ targets:
a good selling point is at 32,364
and your only target is at 32,096
(TAKE TRADE AT YOUR OWN RISK)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.