Broke thru the flag resistance trendline. Bearish candles manifesting. Short scalp opportunity.
Here is an update on my US30 trade idea from a couple of weeks back, we are on track for the sell off till mid December.
ABOUT TO FALL HARD<wait for breakout and retest.
After big buying at last night (+390 pips), now sellers want profit Have good trade
Take care about the black uptrend line Have good trade
Hey Fellow Investors! Check out my potential short trade idea on US30, AKA Dirty 30, AKA Dow Jones, AKA Easy Money!!! If price on this weekly candle does not close below per notes on chart, sell position is not valid... Please enjoy this trade idea, I'll see you on the other side of TP!!! Signing off, Golden Boy
It is getting more and more obvious that Trump's Government have used trade war as a leverage to propel markets to ATH or higher (SPX) to this point. However, it looks like "all masks will come off at midnight" i.e. Sunday before futures open to reveal that it all was a big disguise. Trump's approval ratings going into election year are at record low. One thing...
A beatiful set up,i gotta say one of the must accurate set ups are the ones on the weekly and monthly timeframe if the proper criteria lines up and this is one of them,here we got the following confirmations: 1.Price has formed a weekly triple top 2.Reached maximum history high that has been respected in the past years 3.End of a bullish 3rd structure and...
If you like this idea, please support it with a like. Thank you. US30 labeled in a Leading Diagonal within Intermediate (1) (blue), with a bearish sequence expected to start unfolding.Diagonal can still perform one more leg on the up-side, however, a breach of the lower trend-line (blue) would invalidate that scenario.
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...
We are at predictable resistance in DJIA. Last Thursday saw the break of a rising wedge, but Friday offered little follow-through. We are now falling moderately in early Sunday trading (at the time of writing). I was aiming for a test of trendline resistance within the purple box. We can still test this area; either way, I'm betting on a wholesale decline in...
Hi,traders!I hold a point:Good charts does not more words to explain! Good luck!
I never repost same idea twice but the dowi seems, rather interesting. Probable short as projected ....:) .This is the same outlook as posted 10 days ago