Dow Jones close yesterday's New York session with less than -1%. We have the FOMC statement today. Dow jones is forming a bearish trend, we should expect more bearish move at the open of New York session and FOMC statement.
Dec-2021 high of NDQ/DJI coincides with that tech bubble top of 2000! Can we expect another 10% correction to the ratio in the coming months towards the regression base line?
Hi everyone
Nasdaq seems to have found support at 14900, however we wait for the opening bell to confirm this bullish move.
We anticipating BAR (Break out and retest) and will therefore set BUY LIMITS around 14900 if wanting to ride this move up to our SELL zone of 15100.
This is a vast move hence why there is no FOMO.
Plenty of price for us to benefit from,...
Rush M: Perhaps a double bottom at 14860 if we long/buy
Rush M: Breakout and retest 14890 for sell if we don't get our desired spike up
Rush M: Fundamentals are truly a mixed bag but we shouldn't underestimate Tesla (AI Robot will bring investors) and Amazon (Expansion). Only price action will tell
Our perfect sell would be 15100, failing then 14890 based on...
in the previous idea we said above 34200 will get strong buy , now we get it 34550.
(Sell condition),
should be make free candle under 33830
to get fully stabilizing sell zone.
(Buy condition)
should be make free candle above 34200
to get Buy zone.
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my previous idea about us30 :
Looks fantastic. All the talking heads and purmabulls are using the word "Recession" a little too much. Everyone is also saying we are nowhere near the bottom which is right but this means that we are ready for a bounce.
God Speed.
The real show for this week will start from tonight with FOMC and Froday NFP.
I am seeing 20960 level shall shall and we will have shorting opportunity soon,
Trade Safe,
S0nic
