US Wall St 30Short
3 - Bearish Set-ups – VIX Rise – Indices
Dow Jones is currently retesting a significant trend-line on which it previously gained support, leading towards bullish outcomes. A breach of this trend-line could drastically implement a bearish sequence.
Breach scenario: Double Three pattern within an Expanding Flat, which could result in a bearish impulse.
Support scenario: Running Flat structure, which could result in a bullish impulse and a possible bull-market resumption.
Breach scenario: Double Three pattern within an Expanding Flat, which could result in a bearish impulse.
Support scenario: Running Flat structure, which could result in a bullish impulse and a possible bull-market resumption.
Related publications
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.