Us 1 year bond is showing a strength which means dollar will or might do the same thing, expenditure of dollar will go to stock etc, on the other hand, the stock VALUE will be allocated to paper money DOLLAR
Not a financial adviice
Not a financial adviice
after the 3rd candle we've seen a significant move downwards which is good and we are now having a massive pullback as well, this pullback i believe is essential for the trend, in conclusion, I am still expecting the us 100 to go down a bit more until $18000 and if it surpass it it might go straight to 17300 - 16900 if not the us 100 might reach new heights due to the upcoming rate news.