US30 why did it open and close?Dow Jones Industrial Average Index forum
US30 why did it open and close?
US30 (Long Entry)*MSS happen in lower frame
*Here's my setup
US30 Heads Up!The upper wicks of the last three candles created a Bearish Pressure Zone for the market to drop. You can ride this for as far as the bears will go.
Take Profits to the Downside:
38,999 - Low of Inside Day for a Breakout on the Hourly
38,935 - Major Pivot Low that is a Support Area to Break on the 4-Hour
38,400 - Low of Inside Day for a Breakout on the Daily
US30 On the Hourly that is in Bearish (directional) Market Bias, the bullish rally could not reach the midline of the previous, tall bearish candle (at 39,468) AND did not break out of the Inside Day pattern's high (at 39,286). A Two Bar Reversal could be forming, so the breakout is likely to be at the Inside Day's low (at 38,999). If this is a true breakout, and not a false one, the bears can drop even further down.
DJI At this level of GDP 2 - 2.5 % real interest rates should get closer to 5.2 - 5.7 we will get the but the right way not jsut go ahead and print a couple more T s of debt and cancel debt payments
US30 
NAS100 
QQQ 
SPY Everything is going to be a fakeout with this vol, not enough fresh orders to break levels and push through the pending orders at the edges of the range 🧠
So we absorb buy stops equal to more than the fresh shorts coming in during this session. There is another short entry resting in the high above this bearish drop candle 🎯 If we close above this drop candle, the middle of it's body will hold a long opportunity.
When felon trump was able to move the needles back and forth, things were uncertain because we were knew of his market manipulation tactics. Sadly, now China has the power to swing the market, but we know it's more stable than a baby throwing a tantrum... Even though it's stably declining due to felon's actions causing retaliation from the world.
IXIC DJI 
SPX SPY 
NVDA
IXIC DJI SPX SPY NVDAUS30 The bears rejected the low of the Inside Day at 38,999, so a Two Bar Reversal may be forming as part of the bullish retrace. It will take a lot for the bulls to rise above the midline to high of the tall bearish candle that formed earlier because they are going up against strong Resistance.Also on the Hourly chart, you can see an Outside Day, which means that after this bull run is over, you'll see an immediate reversal to the downside.
US30USD NAS100USD SP500 
TQQQ DOWCAPONE you really making it difficult for people today aren't you ??
