"We are conducting a study of the structure of the US30, noting market behaviors. Therefore, we can look for a mid-week reversal in sales at previous liquidity zones. A 3-week downtrend is being broken with a purchase; however, this purchase is false. We are seeking a second leg to establish the true sale. Since we are at historical highs, we are looking to sell, but institutional sales or purchases occur at certain times, such as Wednesday or Thursday."
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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.