dow jones (us30) will %45 drop if...

2 de ago. de 2022

hello guys!

us30 there is in a long term ascending channel for sure...
but let look last recession closer:

what was conditions of last recession :

1- break down last lower low

2- fake out last lower low

3- before starting a downward movement break ma(200)

4- last lower low break ma(200) too

5- after break down drop until %45

On the other hand, what are the current conditions:

1- last lower low break ma(200)

2- price is near of ma(200) so we are waiting for a break down of ma(200)...


so, we get confirmation after ma(200) break down then we can get a lot of short position for indices and us shares:

let's look at us interest rate and United States Inflation Rate charts again!





i think everything is vivide in chart. what is your opinion about us30?

If you agree with my analysis or you are happy, please hit the "like" button and "follow"!