melikatrader94

dow jones (us30) will %45 drop if...

Short
VELOCITY:US30   Dow Jones Industrial Average Index
hello guys!

us30 there is in a long term ascending channel for sure...
but let look last recession closer:

what was conditions of last recession :

1- break down last lower low

2- fake out last lower low

3- before starting a downward movement break ma(200)

4- last lower low break ma(200) too

5- after break down drop until %45

On the other hand, what are the current conditions:

1- last lower low break ma(200)

2- price is near of ma(200) so we are waiting for a break down of ma(200)...


so, we get confirmation after ma(200) break down then we can get a lot of short position for indices and us shares:

let's look at us interest rate and United States Inflation Rate charts again!




i think everything is vivide in chart. what is your opinion about us30?

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