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ApisBull
Nov 2, 2019 9:59 AM

Catastrophe On The Way Short

Dow Jones Industrial Average IndexTVC

Description

This is a weekly chart of the Dow Jones. Notice the ascending wedge. That is a bearish pattern. A big bear is on the way. look at the stochastics down below. Notice we are at a top of the cycle. Once the price bars move outside of the triangle it will break strongly in the direction it breaks the triangle I drew. Whatever direction it goes while breaking the triangle, that’s the direction it will go. If it breaks down it will go heavy to the down side. Look out below!
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