Short
us30 will sell off again!
currently we are seeing us30 get rejected off a very strong resistance (exactly as predicted) and now it is time for us30 to go way down!
before we go to 33k we are going to need at least 2 major sell offs and i think that the first one is about to happen.
on this chart you can see a rising wedge (bearish pattern). i do think that we will stay in this wedge for a couple of days if not the entire week
once price breaks down from this wedge expect su30 to start selling off for a week or two.
here are some selling points/ targets for you guys:
a good selling point is at 31,729
your first target/ second selling point is at 31,243
your second target/ third selling point is at 30,939
your third target/ forth selling point is at 30,669
and your final target is at 30,22
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once it hits all these targets you can expect some consolidation to occur and that is a good thing because that makes it a lot safer to enter trades at the bottom!
once it does start to push up from the bottom your target is 33k... i will make another post talking about 33k once we do reach our selling targets!
(TAKE TRADE AT YOUR OWN RISK)
before we go to 33k we are going to need at least 2 major sell offs and i think that the first one is about to happen.
on this chart you can see a rising wedge (bearish pattern). i do think that we will stay in this wedge for a couple of days if not the entire week
once price breaks down from this wedge expect su30 to start selling off for a week or two.
here are some selling points/ targets for you guys:
a good selling point is at 31,729
your first target/ second selling point is at 31,243
your second target/ third selling point is at 30,939
your third target/ forth selling point is at 30,669
and your final target is at 30,22
///////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
once it hits all these targets you can expect some consolidation to occur and that is a good thing because that makes it a lot safer to enter trades at the bottom!
once it does start to push up from the bottom your target is 33k... i will make another post talking about 33k once we do reach our selling targets!
(TAKE TRADE AT YOUR OWN RISK)
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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.
Disclaimer
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.