Catastrophe On The Way

2 de nov. de 2019

This is a weekly chart of the Dow Jones. Notice the ascending wedge. That is a bearish pattern. A big bear is on the way. look at the stochastics down below. Notice we are at a top of the cycle. Once the price bars move outside of the triangle it will break strongly in the direction it breaks the triangle I drew. Whatever direction it goes while exiting this pattern that's the direction it will go.If it breaks down it will go heavy to the down side. Look out below! Check me out on my YouTube Channel. I'll be posting in about 30 hours.