Short

Dow jones

We are on a third leg down since Jan 5th 2022. The Dow has been in a down channel bouncing off support and resistance. on the daily chart the macd just turned red( sell) . If we break the psychological 30,000 on the Dow we could see lows past the 2020 crash. With (inflation) Gas prices increase, Food shortages, rent and mortgages at a all time high, supply chain issues, interest rates, investors could pull out and the bears who want to make money on the way down could take over.
Chart PatternsDOWTechnical IndicatorsTrend AnalysisUS30

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