Easy tricks to master you mind during correctionsHello,
The markets have been correcting, and fear seems to be creeping in. What most investors fail to understand is that big corrections such as this are the best opportunities handed to them. This is the best time to buy since markets are trading at the bottom. Additionally, for this time earnings season is about to kick in while this time the market is trading at the bottom. We compiled a few things that can help you remain composed in the current market environment.
A transformative book I would recommend is Trading in the Zone by Mark Douglas. Douglas brilliantly compares elite traders to world-class athletes, revealing that both achieve greatness not through luck, but through rigorous mental discipline and robust, repeatable systems. To guide you toward this coveted "zone" of peak performance, here are four indispensable strategies:
Craft a Rock-Solid Trading Plan
A well-defined trading plan is your compass in the chaotic wilderness of the markets. It spells out precise conditions for entering trades, selecting opportunities, and exiting positions. By faithfully following this blueprint, you anchor yourself in accountability, sidestepping the pitfalls of reckless, emotion-driven moves.
Maintain a Detailed Trading Journal
Think of your trading journal as a mirror reflecting your journey. Record every trade, emotion, and market insight. This disciplined habit empowers you to evaluate your performance, pinpoint weaknesses, and sharpen your approach—unlocking a deeper understanding of your own psychological triggers.
Cultivate Confidence Through Realistic Goals
Confidence isn’t bravado—it’s the quiet strength to take calculated risks and embrace the results. Build it by practicing on a demo account with the seriousness of real stakes, setting attainable targets, and celebrating small wins. This foundation turns uncertainty into opportunity.
Master the Art of Risk Management
In trading, protecting your capital is paramount. Embrace proven techniques like setting risk/reward ratios, deploying stop losses, and sizing positions sensibly. These habits don’t just shield you from ruin—they pave the way for consistent, long-term gains.
With the above rules we believe you should be able to invest or remain invested during these volatile moments. Again, remember the tariffs that have been set are the ceiling and we expect concessions to come once negotiations between countries begin.
Good luck and stay invested. As shown in the chart, this is not the first time the market is undergoing a significant correction. What's clear is that markets always recover from corrections and continue pushing higher. This further reinforces our conviction that this are the best times to begin buying.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
US30 trade ideas
Double-Top Pattern for the Dow Jones Industrial AverageA long-term, double-top formation has emerged from the all-time highs of 45,073 on the weekly chart of the Dow Jones Industrial Average. With the pattern’s neckline breached (derived from the low of 41,844), chartists will likely target the structure’s profit objective, which stands at 38,613.
US30 Eyes 41,300: Bullish Momentum Builds for Major BreakoutTechnical Analysis: The US30 has established a strong support base at 40500, with major support at 40000 serving as a safety net. Price action shows an upward channel formation on the 4-hour chart, indicating potential trend reversal. The risk-reward ratio of 1.60 (500 points risk for 800 points potential reward) provides favorable trading conditions. Recent price action demonstrates higher lows, suggesting accumulation phase and bullish momentum building.
Sentiment Analysis: Market sentiment shows cautious optimism despite recent volatility. Institutional investors maintain bullish positions, particularly in technology and energy sectors. The AAII Investor Sentiment Survey indicates decreased bullish sentiment, which often serves as a contrarian indicator suggesting potential upside movement. Economic forecasts pointing toward a soft landing rather than hard recession support continued equity market strength.
Support and Resistance Levels: Entry zone established around 40500, supported by historical price action and recent consolidation patterns. Major support at 40000 provides clear stop loss level, limiting downside risk. Target of 41300 aligns with previous resistance zone, offering realistic profit objective before encountering major resistance at 41500. Multiple tests of support levels have created strong foundation for upward movement.
Trade Management: Entry: 40500 Stop Loss: 40000 (500 points risk) Target: 41300 (800 points reward) Risk/Reward: 1.60
Additional Considerations: Recent market correction has created oversold conditions, suggesting potential mean reversion toward higher levels. Institutional buying pressure remains strong, with increased volume on upward movements. Technical indicators suggest room for upside before reaching overbought conditions. The 2024 performance showing 12.88% gain supports continued bullish momentum.
The combination of strong technical setup, positive institutional sentiment, and clearly defined support/resistance levels presents a compelling case for longing US30 with 41300 target. The favorable risk-reward ratio and multiple confirmation factors enhance the probability of successful trade execution.
Reversal or Continuation? US30 Tests Major SupportThe US30 is testing a pivotal multi-year trendline following an aggressive breakdown from its early 2025 highs. After months of consistent distribution near the 42,000–44,000 range, price capitulated with a steep selloff, driving the index down toward the 37,000 level. This area aligns closely with the long-term trendline dating back to late 2023 and marks the lower boundary of the broader structural expansion.
The current reaction appears to be forming at a potential inflection point, as price hovers around the lower bounds of its macro range. The steep angle of descent suggests overextension, with momentum temporarily outpacing rational valuation zones. Meanwhile, a notable high-volume cluster from prior activity remains situated between 41,500 and 42,000 — an area likely to attract price in the event of a technical retracement.
If buyers begin stepping in at this historically respected trendline, the market could stage a multi-week recovery, targeting this upper resistance zone. However, failure to stabilize here risks further downside, potentially exposing the market to deeper corrections toward 35,000 or lower. All eyes now turn to this structural juncture as price teeters between oversold conditions and critical support.
Bullish rebound?Dow Jones (US30) is falling towards the pivot which is a pullback support and could bounce to the 1st resistance which has been identified as a pullback resistance.
Pivot: 35,690.04
1st Support: 34,009.92
1st Resistance: 38,066.19
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Skirt Lengths as Market Indicators: A Socionomics PerspectivePart of the #Socionomics series.
How fashion and societal moods shifted in the first half of the 20th century.
1900–1910
Economy: The rise of industrialization in the U.S. — Ford’s assembly line (1908), booming cities, and a growing wealth gap between the elite and the working class. In Europe, colonial powers raced for survival, fueling military spending (sound familiar?).
Mood: Faith in technological progress clashed with protests against exploitation. Suffragettes smashed London storefronts (1908), while New York’s Triangle Shirtwaist Factory fire (1911) galvanized labor rights movements.
Fashion: Rigid corsets and floor-length skirts symbolized Victorian morality. Yet rebels like designer Paul Poiret introduced hobble skirts — a tentative step toward freedom of movement.
1910–1920
Economy: World War I (1914–1918) reshaped the globe: Europe lay in ruins, while the U.S. profited from arms sales. Postwar hyperinflation crippled Germany, and the Spanish Flu (1918–1920) claimed millions.
Mood: Women replaced men in factories, only to be pushed back into domestic roles after the war. A feminist explosion: American women won voting rights in 1920.
Fashion: Skirts rose to ankle-length for practicality. By the decade’s end, the flapper emerged — straight-cut dresses, beaded necklaces, and cigarettes in hand, defying tradition. A sign of the stock market’s brewing boom.
1920–1929
Economy: The "Roaring Twenties" — jazz, speculation, and Prohibition. The stock market quadrupled; ordinary Americans borrowed heavily to invest, then borrowed again against rising shares.
Mood: Hedonism reigned. Speakeasies and Gatsby-esque parties masked pre-crash euphoria.
Fashion: Knees on display! Fringed dresses, bobbed haircuts, and gartered stockings. By 1929, subdued silhouettes crept in — an omen of crisis.
1930–1940
Economy: The 1929 bubble burst: Wall Street crashed, triggering the Great Depression (1929–1939). U.S. unemployment hit 25%. Europe veered toward fascism and war.
Mood: Despair from Dust Bowl migrations and hunger marches. Yet Hollywood’s Golden Age offered escapism.
Fashion: Skirts lengthened — modesty returned. Long dresses dominated, while cheap fabrics and turbans (to hide unwashed hair) became staples.
1940–1950
Economy: World War II (1939–1945). Postwar Europe rebuilt via the Marshall Plan; the U.S. embraced consumerism.
Mood: Patriotism ("Rosie the Riveter") and postwar hope. The baby boom idealized domesticity.
Fashion: War mandated minimalism: knee-length skirts and padded shoulders. In 1947, Christian Dior’s New Look rebelled — voluminous ankle-length skirts symbolized postwar opulence.
1950–1960
Economy: America’s "Golden Fifties" — middle-class expansion, cars, and TV. Europe recovered, but colonial wars (Algeria, Vietnam) exposed crises.
Mood: Conformity (suburban perfection) vs. teenage rebellion (James Dean, Elvis’s rock ‘n’ roll).
Fashion: Sheath dresses and midi skirts emphasized femininity. By the late 1950s, Mary Quant experimented with mini-skirts — a harbinger of the sexual revolution.
1960s: Peak of Postwar Prosperity
Economy: U.S. GDP grew 4-5% annually; unemployment dipped below 4%. Baby boomers (1946–1964) fueled suburban housing and education demand.
Fashion: The mini-skirt became an era-defining manifesto of freedom, paired with bold go-go boots. Economic optimism bred experimentation: neon synthetics (nylon, Lycra) and psychedelic hues.
Conclusion
Women’s fashion mirrors its era. Crises (1930s) hide knees; liberating times (1920s, 1960s) bare them. Even war skirts (1940s’ knee-length pragmatism) carried hope.
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#beginners #learning_in_pulse #interesting
#socionomics #history #fashiontrends
Bear Market Inbound!What a week, two days of plunge and the Dow sits below where Tariff Trump won.
World markets were ripe for this situation, waiting for the trigger... the trigger no doubt was Trump.
The charts do not lie, the news does not matter as much as price action, the question now is where we bottom for a while and bounce...any rally is to be sold.
Don't try and catch a falling knife, but be very careful shorting here at this point, expect a bottom this week.
Expect further selling Monday to a degree, but we are at a bottom fishing level.
Gold and especially silver were clobbered Thursday and Friday, we expected this earlier in the week and warned of toppy price action on our gold update. PM's are in a wave 4 down sideways move and next comes minor wave 5 up...long term holders have little to worry about...any pullback is a buying opportunity...$3000 gold is major support.
Appreciate a thumbs up...God Bless you all and good trading!
Dow Jones Trend Analysis (Elliott Wave + AO + Volume)📊 Dow Jones Intermediate Trend Analysis (Elliott Wave + AO + Volume)
🌀 Elliott Wave Interpretation
The chart reflects a clear Elliott Wave count from the post-COVID low:
Wave I and Wave II are well-established.
Wave III is now completed, accompanied by a peak in AO — which aligns with classical Elliott theory where AO typically peaks during the 3rd wave, showing strong momentum.
Wave IV is currently unfolding.
📉 Wave IV Characteristics (Ongoing Phase)
Wave IV is expected to be complex — commonly forming:
Triangles (contracting or expanding),
Flats,
Double/triple threes.
It is likely to consume time and generate sideways or choppy price action.
Volumes, interestingly, are peaking again, which often occurs toward the end of Wave IV due to emotional volatility and retail panic activity.
🔮 Two Probable Scenarios for Wave IV Completion:
Scenario 1 (Shallow Correction):
Target Zone: ~37,400
This zone coincides with the 0.382–0.5 Fibonacci retracement levels from Wave III.
Would reflect a simple flat or sharp zigzag structure.
Scenario 2 (Deeper Correction):
Target Zone: ~34,100
Corresponds to the lower support band with possible spike to 32,988 (FINAL FIB Support).
May occur if external macroeconomic or geopolitical triggers cause extended selling.
📈 Post Wave IV – Projection for Wave V
Once Wave IV completes:
Wave V is expected to resume the larger bullish cycle.
Price target: New all-time highs, possibly towards the upper blue resistance trendline (~46,000+).
Watch for bullish confirmation with AO flipping and price breaking above Wave IV consolidation highs. before completing 4th wave it always create complex patterns. we need to watch the patterns and it is getting completing before move to 5th wave.
🔍 AO (Awesome Oscillator) Insights
AO peak confirms Wave III completion.
Negative divergence between AO and price also supports Wave V capping out, indicating exhaustion of upward momentum.
AO is now retracing — likely bottoming during the end of Wave IV.
🔊 Volume Behavior
Volume peaked at the end of Wave III — a common occurrence.
Now rising again near Wave IV completion – this suggests:
Panic selling,
Possible final shakeout before market stabilizes for Wave V.
Monitor for volume drop-off during Wave V's beginning – a classic signature of reduced fear and return of trend stability.
🔒 Critical Support & Resistance Levels
Level Description
37,400 Scenario 1 target / shallow correction
34,100 Scenario 2 deeper correction target
32,988 Final strong support (Fib extension)
46,000+ Potential Wave V high / upper trendline
📌 Conclusion
The intermediate trend is corrective, within a larger bullish framework.
Wave IV is currently playing out and might end soon.
Watch key support zones (37,400 and 34,100) for potential reversal setups.
Once confirmed, Wave V rally could offer significant upside opportunities.
Remain cautious during this volatile consolidation and validate reversal signs before positioning.
📜 Disclaimer
⚠️ This analysis is for educational and informational purposes only. It is based on technical chart interpretation (Elliott Wave Theory, volume, AO) and does not constitute investment advice. Trading and investing in financial markets involves significant risk, including the risk of losing your capital. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
US30 4H - Weekly UpdateDow Jones Analysis
The overall trend on Dow Jones remains bearish.
Although a short-term correction toward 39,840 may occur at the market open, this is not my primary scenario.
Main Scenario:
◾ Continuation of the downtrend toward 36,880
◾ A corrective move back to the 39,460 area
◾ Further decline toward the final target at 35,050
Note:
The trend has been studied with high precision and will be updated as needed based on market behavior.
Accurate analysis, remarkable results!
The Dow Jones 100 Year Rising WedgePeople lie. The news lies. But the CHARTS DON"T LIE.
This is a 100 year rising wedge pattern that is occurring on the DJI.
Maybe not today, maybe not tomorrow, maybe not for another 50 years,
but this pattern will break to the downside.
As of now, a return to the original trendline is HIGHLY LIKELY.
NO FEAR, THIS IS OUT OF LOVE.
EYES OPEN.
US30 will drop by another 10% in next 4 weeks📊 My Macro Analysis Breakdown
Covid Crash:
Sharp -25% collapse.
V-shaped recovery, before another -10%
Inflation Explosion (2022):
-21% drop due to Fed rate hikes.
Choppy sideways market after.
Inflation Cooled (Nov-Dec 23):
Big +22% rally when markets priced in rate cuts.
Trump Re-Election (Nov 2024):
Stocks rallied ~8%.
US Tariffs "Lib Day" (April 2025):
Current Phase: Huge initial crash of -10%.
Projection: I am forecasting another -10% to -12% downside toward 32,352 area.
🧠 Why My Prediction Makes Sense:
Markets always overshoot after a major policy shock (tariffs are no small thing — this is bigger than inflation).
Fed won't act yet (cut rates) until serious economic data deterioration happens.
Global slowdown fears are increasing (China, Europe showing signs too).
Corporate earnings for Q1 2025 are about to be revised down = next catalyst for more selling.
Technical structure resembles past correction patterns (Covid, Inflation explosion).
📅 Timing (based on past crashes I charted):
Covid crash: 5-6 weeks.
Inflation crash: 2-3 months.
This one: Likely 4-8 weeks of choppy downside.
⚡ Conclusion:
✅ A prediction of another ~10% drop is totally aligned with both macro fundamentals and technical history.
✅ Expect violent bear market rallies (sharp 2-5% spikes) inside the downtrend — that's normal.
✅ Bias: Sell the rallies, buy safe havens (gold after the dip, bonds).
"US30/DJ30" Index CFD Market Heist Plan (Scalping/Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Robbers, 🤑💰✈️
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "US30/DJ30" Index CFD Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉
Entry 📈 : "The vault is wide open! Swipe the Bearish loot at any price - the heist is on!
however I advise to Place sell limit orders within a 15 or 30 minute timeframe most nearest or swing, low or high level.
Stop Loss 🛑: (42200) Thief SL placed at the nearest / swing high level Using the 3H timeframe scalping / day trade basis.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯: 40200
🧲Scalpers, take note 👀 : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
"US30/DJ30" Index CFD Market Heist Plan (Scalping/Day Trade) is currently experiencing a bearishness,., driven by several key factors.
📰🗞️Get & Read the Fundamental, Macro Economics, COT Report, Geopolitical and News Analysis, Sentimental Outlook, Intermarket Analysis, Index-Specific Analysis, Positioning and future trend targets... go ahead to check 👉👉👉🔗
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩
US30/DJI "Dow Jones" Index CFD Market Heist Plan (Day or Swing)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Robbers, 🤑 💰💸✈️
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the US30/DJI "Dow Jones" Index CFD Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉
Entry 📈 : "The heist is on! Wait for the MA breakout (42200) then make your move - Bullish profits await!"
however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level.
📌I strongly advise you to set an alert on your chart so you can see when the breakout entry occurs.
Stop Loss 🛑:
Thief SL placed at the recent/swing low level Using the 1H timeframe (41400) swing trade basis.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
🏴☠️Target 🎯: 43100 (or) Escape Before the Target
🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
US30/DJI "Dow Jones" Index CFD Market Heist Plan (Swing/Day) is currently experiencing a bullishness,., driven by several key factors.
📰🗞️Get & Read the Fundamental, Macro, COT Report, Geopolitical and News Analysis, Sentimental Outlook, Intermarket Analysis, Index-Specific Analysis, Positioning and future trend targets.. go ahead to check 👉👉👉
📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩
dow jones down 15% -Some time ago, I identified a strong resistance zone near the 45,000 level on the Dow Jones Industrial Average chart, based on historical price action and technical indicators. Since then, the index has experienced a notable correction, declining to approximately 38,314 as of the most recent close — representing a drawdown of nearly 15% from the identified resistance level. This move reinforces the significance of that resistance area and suggests heightened market sensitivity around those levels
Tariffs Didn’t Cause the Correction — It Was Coming Anyway🚩 Intro: Markets Correct — They Don’t Need Permission
Every time the market drops hard, the headlines rush in to explain it. This time, it was President Trump’s dramatic tariff announcement on April 2nd. The media called it a shock.
I didn’t.
I’ve been calling for S&P 500 to drop to 5,200, and NASDAQ-100 to 17,500, since early January.
Not because I predicted tariffs. But because the charts told the story.
The market didn’t fall because of politics — it fell because it had to.
________________________________________
🔥 The Spark: Trump’s “Liberation Day” Tariffs
On April 2, 2025, Trump rolled out an aggressive trade agenda:
• 10% blanket tariff on all imports
• Up to 54% tariffs on Chinese goods
• 25% tariffs on imported cars and parts
• With limited exemptions for USMCA-aligned countries
Markets reacted instantly:
• S&P 500 dropped 4.8% — worst day since 2020
• NASDAQ-100 plunged over 6%
• Tech mega caps lost 5–14% in a day
Sounds like cause and effect, right?
Wrong.
________________________________________
🧠 The Real Cause: A Market That Was Ready to Fall
Let’s talk technicals:
• S&P 500 had printed a textbook double top at the 6100–6150 zone
• NASDAQ-100 had formed a rising wedge, with volume divergence and momentum fading
• RSI divergence was in place since February
• MACD had crossed bearish and also deverging
• Breadth was weakening while indices were still pushing highs
• Sentiment was euphoric, volatility crushed — a classic setup
You didn’t need to guess the news. The structure was screaming reversal.
SP500 CHART:
NASDAQ CHART:
________________________________________
🧩 Why Tariffs Made a Convenient Narrative
Markets love clean stories. And Trump’s tariffs offered everything:
• Emotional trigger
• Economic fear factor
• Political drama
• Global implications
But smart traders know better: markets correct based on positioning, not politics.
As soon as the wedge broke on NAS100 and SPX broke the double top's neck line the path was clear — risk off.
________________________________________
📉 I Was Calling This Since Q1
The targets were public:
SPX = 5,200. NAS100 = 17,500.
And the logic was simple:
• Overextension in AI-led tech
• Complacent VIX environment
• Crowded long positioning
• Bearish divergences and fading momentum
Double Top and Rising Wedge on SPX and Nas100
We didn’t need a reason to drop. The market had been levitating without support. All we needed was a trigger — and we got one.
________________________________________
🧭 Lesson: Trade the Structure, Not the Story
Here’s what I hope you take away:
✅ Setups come first. News comes later.
✅ If it wasn’t tariffs, it would’ve been CPI, earnings, Fed minutes, or a bird on a wire
✅ Don’t chase headlines. Anticipate setups.
The best trades aren’t reactive. They’re built on structure, sentiment, and timing — not waiting for CNBC to tell them what’s happening.
________________________________________
🔚 Conclusion: It Was Never About Tariffs
Tariffs were the match.
But the market was already soaked in gasoline.
This correction was technical, predictable, and clean.
📝 Post Scriptum — The Setup Shapes the Narrative
Let me be clear:
I’m not a Trump fan. Hoho — not by far.
But I’ll swear this on any chart:
If the setup had been the opposite — double bottom, falling wedge, positive divergences, and improving momentum — these exact same tariffs would’ve been interpreted as “bold leadership,” “pro-growth protectionism,” or “markets pricing in a stronger America.”
That’s how it works.
Price action leads. Narrative follows.
When structure is bullish, traders celebrate even bad news.
When structure is bearish, even good news becomes a reason to sell.
So no — it wasn’t about Trump. It never is. It’s about where the market wants to go. The rest is storytelling.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.