US30 - W Pattern #US30
Published an interesting W pattern I spotted on the US30.
- so far, so good. looking to hold this support and continue up.
Bull market for stock's? - I'm sure this is just a relief rally.
*This will be a bull trap, especially when this break's all time high's
More tightening to be expected through this year - credit being squeezed each month.
another pause from the fed could create this fake rally before before the tightening begins again.
*attached previous charts below.
let me know your thoughts.
- so far, so good. looking to hold this support and continue up.
Bull market for stock's? - I'm sure this is just a relief rally.
*This will be a bull trap, especially when this break's all time high's
More tightening to be expected through this year - credit being squeezed each month.
another pause from the fed could create this fake rally before before the tightening begins again.
*attached previous charts below.
let me know your thoughts.
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