Short
Us30 is extremely over extended!
right now we are seeing us30 rally (its been going parabolic for a few days now) this is super bearish.
right now we are going parabolic + we are in a rising wedge. ( could lead to consolidation next week and possibly a sharp sell off in 2 weeks)
i do think that we are very close to topping out!
here are your selling points/ targets:
Yellow Path:
a good selling point is at 32,559
your first target/ second selling point is at 32,363
and your final target is at 32,158
red path:
a good selling point is at 32,716
your first target/ second selling point is at 32,559
and your final target is at 32,363
once it does hit these targets i do think we will push up before we break out
(TAKE THIS TRADE AT YOUR OWN RISK)
right now we are going parabolic + we are in a rising wedge. ( could lead to consolidation next week and possibly a sharp sell off in 2 weeks)
i do think that we are very close to topping out!
here are your selling points/ targets:
Yellow Path:
a good selling point is at 32,559
your first target/ second selling point is at 32,363
and your final target is at 32,158
red path:
a good selling point is at 32,716
your first target/ second selling point is at 32,559
and your final target is at 32,363
once it does hit these targets i do think we will push up before we break out
(TAKE THIS 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.