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US30 Correction
All the reasons we could expect the correction in Dow Jones. There all multiples confluences that supports this idea
1.The price has took the liquidity from previous low. The price has strongly rejected the zone
2.The price is also too extended. When price is over extended the immediate action that we could expect form price is a correction.
3. The Most important reason is that if we look at
SPX and 
NAS100USD which are strongly correlated toCURRENCYCOM:US30, they did not take the liquidity form the previous low. This situation is telling us that the us30 was taking liquidity because the other correlated asset did not make the move to the low of the previous low.
1.The price has took the liquidity from previous low. The price has strongly rejected the zone
2.The price is also too extended. When price is over extended the immediate action that we could expect form price is a correction.
3. The Most important reason is that if we look at
SPX and NAS100USD which are strongly correlated toCURRENCYCOM:US30, they did not take the liquidity form the previous low. This situation is telling us that the us30 was taking liquidity because the other correlated asset did not make the move to the low of the previous low.Trade fechado manualmente
Trade fechado: objetivo atingido
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.