Mihai_Iacob

Dow30 and where to sell

Penjualan
EASYMARKETS:DOWUSD   US 30 (DOW) / US Dollar
Since May, Dow is topping, and yes, if you would have bought deeps in support you would have made money, but the overall structure is a topping one.
Looking at the increase in price, from 35000 to 36500 there is only 4% rise over 7 months, and also is clear that over 35k the index was sold.
Also, although I'm not usually anticipating a pattern, if Dow reverses from my sell zone, we will also have a nice H&S.
Anyway, I will look to sell this rally that we are in now and the ideal point would be around 35.5k
Only a new ATH would put a pause in my bearish outlook


🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.