Short
$US30 - Dow Market Prediction - Bloodbath Scenario
I personally don't think we have seen panic selling as of yet, these next two weeks will show if we can find a true bottom, whether it is temporary or not, I fully expect a range of 14k to 18k in the Dow. I expect to see a capitulation move from the true bottom with a long wick down.
Order cancelled
Price broke above channel, triggering the stop. Will update this week after a few more sessions draw the forecast.
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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.