Hi traders, i was expecting price to push lower but that didnt happend and price reversed back. Im still with my analysis from few days ago when i said that there is high possibility that price will go and retest upper trendline on that running flat pattern. Price can still just drop at any moment, thats why im having trendline there to notify me if price will break lower. But like i said if price will go retest that upper trendline that will give us better entry. Be carefull there is a lot of uncertainty in US. But I will keep selling it, becouse i still expect nice push to the downside there.
Note
Looks like dow is correction for one last push to the upside, i wont go for that short term buy, but if you would like wait first for one more low to complete abc correction
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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.