silverthe165

US30 short for the next week if no new good news

Short
CURRENCYCOM:US30   Dow Jones Industrial Average Index
US30 for this week was short even if new vaccine came out on monday the idea is simple.Last week when vaccine announced the market after 2 days it gone from risk on to risk off so the idea from this week is the same.When good news about new vaccine came out with 94% stronger against covid the market gone up again like we knew but we were sure that the price will go down even sooner because investors focus on new cases and in the new lockdowns that will come.Vaccine is important but we need to use it too we dont know when they will be ready so i expect the us30 to go down .It is on a liquidity zone so we catch the big move as you see we take partials out like 35% of the profit and we left open a 65% position for the next week.Personally i think that the markets will go down before they go up a small crash or a bigger crash i expect the us30 to go 26-24-22 k depends on the progress of the world on winning against covid 19.Election is important too because usa market is the biggest out there so it affectes other countries too and especially the overall economy
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