ReneBlackstockofficial

DJI tehnical analysis 1 hour chart. Short term trade

TVC:DJI   Dow Jones Industrial Average Index
if we break a blue line we can expect prices to go to 22000- i will buy at breakout with good volume on lower time frames. If not- prices will most likely go to support line where we could expect prices to move even lower. Double bottoming would be a great opportunity to go long for a short time with a stop loss just little below lows.
In longer term i expect prices to go a little higher and then down. Market is currently artifficialy supported with government, and i expect recession in the future because there is simply too much money on the market.

Safe trading

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