US30 trade ideas
IS DOW GETTING READY FOR 2300 POINTS FALL?We have seen confirmation of the Head & Shoulders pattern in Dow and it couldn't go above the right shoulder. We may see Dow coming near to 31000 in coming sessions.
To motivate me, Please like the idea If you agree with the analysis.
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InvestPro India Team
Time to sell dow futuresIt is the best area to sell dow futures for a best reward because their is a big trend line rejection area nera 32200.
So its time to sell dow futures for a downfall of 4.5 percent in next week ahead.
Good luck traders❤️
A blood bath should be expected in next week as the dow futures can show some selling pressure below this resistance area.
Reasons behind this downfall:
1.Inflation rate at the life time high
2.russia and us conflicts
3.Dollar index at 18 years high
4. 2022 Russian invasion of ukraine.
5. Crude oil at lifetime high so this can also create pressure
There are alot of reasons to accomplish markets towards selling pressure of 4-5 percent in upcoming week.
Dow JonesDow Jones... factoring in fed rate hike only in range.....
This range seems to be for few more trading sessions....
Have marked the range...
Happy Trading...
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