us30short

US30 SHORT -> SECOND SETUP RISK REWARD 1:8

US30 SHORT RISK REWARD 1:6

Ive been waiting for shorts on US indexs for months now. Finally reached my sell zone. Ready for the bubble to pop. I see traditional markets as inversely correlated with the cryptocurrency market, i can see alot of money leaving stocks/indexs etc and pouring into cryptos. Lets see

The scary US30 hitting a well-respected resistance!

Simple trend continuation trade on the Dj30 index. Lower high made, resistance levels holding price down, Fib 0.786 for extra confluence.

Not in a million years is price going to break our red resistance zone, this zone is an all time high for US30. For all you people who think that it will break and continue to rise just answer me this.... How the hell is price going to do this with Donald Duck in charge of your country, when you are in the most debt the country has ever been in, unemployment is...

Clear pattern at 20,000 and 21,000 implies some consolidation here.

Possible pullback on Monday to 19700. Doesn't affect overall bullish view.

The point is that the QQQ rose before the DJIA in relative terms (red line is DJIA). It implies a 3.5 drop in DJIA. Other studies confirm a 19225-ish top

It isn't much, but it's showing a downtrend. NFP will decide.