The gloomy outlook for the Dow is likely to head lower with the formation of a triple three corrective wave (WXYZ). Furthermore, we could observe the fractal pattern of Feb and July. And the fall should see a close below 30,000 if it plays out :/
Nota
33,000 is the key level to watch out for. I think it is highly possible to face some resistance.Nota
The huge drawdown came earlier than expected. 33,000 was not even met:/
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Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.