Well- DJI showed us some weakness as it lost 500 pts in the final hour of trading 7-31-2020.
There may be a possible rebound against this to finish the bearish formations here. We have a Bearish Shark and Bearish Butterfly embedded at the turning point of a larger Harmonic- chart will be posted and attached).
The downward curve after the short rebound over the next month or so will give people enough time to make arrangements. The DOW is taking a Bearish Turn. The rebound will be nice, but wont be here for awhile. Enjoy the short term profits, we are going back down in the long term. Short term will see a brief push back up to complete these bearish harmonics- despite rejecting on the 50% resistance points.
There may be a possible rebound against this to finish the bearish formations here. We have a Bearish Shark and Bearish Butterfly embedded at the turning point of a larger Harmonic- chart will be posted and attached).
The downward curve after the short rebound over the next month or so will give people enough time to make arrangements. The DOW is taking a Bearish Turn. The rebound will be nice, but wont be here for awhile. Enjoy the short term profits, we are going back down in the long term. Short term will see a brief push back up to complete these bearish harmonics- despite rejecting on the 50% resistance points.
Moorsc0de aka Crypt0nomics aka Zaphkiel
