CURRENCYCOM:US30   Dow Jones Industrial Average Index
Let's not deny the bear market we're in, with a Recession more than assured it's only a matter of "when". Currently US30 has been holding support on my 4H and WEEKLY S&R lines and it's been setting lower highs since it hit it's ATH around 36955. All I'm looking for is a good entry for a swing trade down. Again we don't try to tame just mitigate when it comes to beasts like the US30 so if my sell limits are hit I'm watching for a break in the downward barrier that's held since the ATH. If it breaks I'll be exiting and looking for a higher entry, A Recession is in the future but manipulation and other factors may try to signal for a change in direction, but I'll consider those as fake outs, because the unavoidable is here, no matter what tactics the FED goes with a recession is the outcome, it'll either be clean cut or messy.

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.