Dow Jones Industrial Average IndexDD

Dow Jones Industrial Average Index

40,956.50USDR
−251.00−0.61%
As of today at 12:16 GMT
USD
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Dow Jones Industrial Average Index forum


US30 probably will see new high before fed interest rate cuts.



US30 its all about higher timeframes, if daily higher low breaks today witth body on daily at 40600, we will see a correction move till 38-39k. so today we will monitor as we are selling from top at 41430

US30 Critical junction for the bears here in London trading time, a few hours before US market open and the FED interest rate decision later in the trading day.

But the key news is China's and other emerging markets unwinding of carry trades and out of the U.S. assets and back into Asia due to the unknown economic position between the USA and it's trading "partners". A weaker USD is better for domestic operations and funding debt, so we're in conflicting ground of knowing where the value holds.

It’s going to be a rough year for US30 and $SPX. Massive bearish trend incoming



US30 BIGLY Move coming from the Triple Inside Day pattern that formed on the Hourly. It can be either to the upside or downside.
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