US30 :: bounced off EMA 21 to 34350 - 34500
Unstoppable rally. For those awaiting to short they need to be patient for a bit longer IMHO till the earnings season is over.
The red line should be acting as a strong resistance as it comes from more than a year ago (March 2020).
The impulse cycle is approaching to an end in spite of the massive amount of money injected into the system. Some values of the US30 are insanely high.
Money will be moved away into safer investments such as TREASURY BONDS and similar assets. Mark my words.
The red line should be acting as a strong resistance as it comes from more than a year ago (March 2020).
The impulse cycle is approaching to an end in spite of the massive amount of money injected into the system. Some values of the US30 are insanely high.
Money will be moved away into safer investments such as TREASURY BONDS and similar assets. Mark my words.
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