derzzycharts

DOW Bearish Continuation

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Still looking for bearish continuation in US indices. DOW is the one that actually hit the target. Great place to start entering shorts around 33450. This is a great level to look for shorts because the idea can be invalidated quickly. If we break through this level and start making higher highs and higher lows, then we could see a higher bounce.

But I predict downside.

Expect some volatility in the first two weeks. Plenty of macro data points coming out.

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