Hello,
US30 found a strong support and heading back up to 40K
This senario will be valid if Friday news are postive for the Shares
Meaning if the unemployment rate increases above 4% and NFP numbers drop below expactations.
In general we want to see the US economy slows down, consequentely the Inflation will cool off and ultimetaly the #FEDS will lower rates sooner, and this is really good for the Equity market.
In case of the News are opoosite, the US30 will drop, but this will give another buy area, anyway, the dow is going to 45k within a year or 16 Months, so every low is a good buy for the long run.
US30 found a strong support and heading back up to 40K
This senario will be valid if Friday news are postive for the Shares
Meaning if the unemployment rate increases above 4% and NFP numbers drop below expactations.
In general we want to see the US economy slows down, consequentely the Inflation will cool off and ultimetaly the #FEDS will lower rates sooner, and this is really good for the Equity market.
In case of the News are opoosite, the US30 will drop, but this will give another buy area, anyway, the dow is going to 45k within a year or 16 Months, so every low is a good buy for the long run.
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signalsview.com
Contcat us to activate systems and access trading signals
Contcat us to activate systems and access trading signals
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.