Dow rejected 🙅♂️ 7x forming rising wedge/ascending wedge
Strong resistance rejected 7x however its forming a ascending triangle bullish and a rising wedge further out which would be bearish. We are in the almighty bubble of all the time. All the Btfd’s are going to not get a bid. The rising wedge comes to a breaking point end of this month I’m expecting major down move. So many bankruptcies on the horizon. The federal reserve and Powell only reason market is at all time highs. Thank him for this massive fake market. Yellen is even worse she wants the fed to buy stocks wtf 😳 so long free markets!! We can’t find better candidates 🤦♂️ Waiting for trend to break and go short DIA puts by months end
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