HOPE EVERYONE IS DOING GOOD HAVING A GREAT WEEKEND. HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT ON THE DOW JONES THIS COMING WEEK.
THE DOW CLOSED I A BEARISH OB WITH AN INDECISION CANLE AFTER A FAIRLY BULLISH DAY ON THURSDAY.
* This OB was a sweep of som liquidity in which we saw a rejection. * Change in momentum is confirmed whith a choch. * Looking for a continuation towards the downside on the DOW. - To take the previous lows for confirmation that we are bearish for the week. - REJECTION at the bearish OB would be a nice confirmation. * If we break below and close under the OB - TARGET would be the LIQUIDITY & OB BELOW FOR continuing to the upside.
lets see how it goes.
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