Long
Correctional Recovery on US30/DJI
These days have brought Major Suffering to the Markets, with even the US Indexes failing numerous times to make a comeback for a prolonged amount of time. The level of confusion in investor's perception is very high, with proper direction only seen in Pockets of AfterHours trading, and rarely in normal Normal Market Hours. Both swing trading, and scalping have become rough. Corrections are known to last for some time, however there is hope to see proper March Rallying, and a gradual climb back up to ATH in the coming weeks, as long as fundamentals can clear up (Russia, Energy Prices, Inflation, etc...).
- Here is a likely analysis for the coming weeks / midterm. A possible retest of the correctional point may occur, as well as waterfall/reversal movement along any point of major resistance. Weakness may last, however Volume is sure to pick up at random times of positive fundamentals. Patience for the real Rallying will last!
- Here is a likely analysis for the coming weeks / midterm. A possible retest of the correctional point may occur, as well as waterfall/reversal movement along any point of major resistance. Weakness may last, however Volume is sure to pick up at random times of positive fundamentals. Patience for the real Rallying will last!
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