US30: Will History Repeat Itself?
On the left side of the chart, we can see that after breaking below the second pattern, US30 experienced a sharp bearish move.
Now, a similar pattern is forming, and the index has just printed another historical high. If price breaks below the current structure—just as it did previously—there’s a strong possibility of another aggressive drop.
A breakdown could trigger a repeat of the past sell-off, especially if momentum shifts to bearish and if Powell makes interesting comments at the Jackson Hole Symposium.
You may find more details in the chart!
Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day
On the left side of the chart, we can see that after breaking below the second pattern, US30 experienced a sharp bearish move.
Now, a similar pattern is forming, and the index has just printed another historical high. If price breaks below the current structure—just as it did previously—there’s a strong possibility of another aggressive drop.
A breakdown could trigger a repeat of the past sell-off, especially if momentum shifts to bearish and if Powell makes interesting comments at the Jackson Hole Symposium.
You may find more details in the chart!
Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day
Note
US30 reached 44566
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✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.