ProjectSyndicate

US30/DOW 16H: Massive CRASH or PULLBACK? End of Year Rally?

Short
CURRENCYCOM:US30   Dow Jones Industrial Average Index
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US30/DOW 16H: Massive CRASH or PULLBACK? End of Year Rally?
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because short-term I expect
more losses before reversal BULLS later.


🔸 Summary and potential trade setup
::: US30/DOW H16 market overview/outlook
::: please review my other idea in VIX
::: because that's the foundation of this
::: trade setup as well
::: price currently stuck in RANGE MODE
::: However: strong rejection/ DOUBLE TOP
::: means we will get more follow-through selling
::: STRATEGY: SHORT RIPS/RALLIES
::: Bears EXIT at 26400/26000 points
::: Expecting MILD downside next 1-2 weeks
::: regardless of the outcome in the US Elections
::: Initially we will get selling
::: And volatility spike in VIX (up to 40%)
::: then reversal in VIX and US30/DOW
::: recommended strategy: WAIT FOR FIX SPIKE
::: to 45.00 and then ENTER LONG US30/DOW
::: near 26 000 points - best RELOAD BULLS
::: TP1 BULLS 29 000 points TP2 BULLS 29 500
::: fully expecting END OF YEAR RALLY
::: no fast/miracle gains here - patience required
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/PULLBACK
::: Sentiment outlook mid-term: BULLS END OF YEAR RALLY
FX/CRYPTO SCANNER/RESULTS/OVERVIEW/TELEGRAM
https://TAPLINK.CC/DARK000SOUL
BEFORE/AFTER ANALYSIS
https://THEPROJECTSYNDICATE.BLOGSPOT.COM/
CHANNEL TA/SIGNALS SL/TP
https://T.ME/THESYNDICATE001
DETAILED SCANNER RESULTS
https://TWITTER.COM/PRSYNDICATE001

Comments

Thank you covering the DOW. A decent pullback is underway... I certainly can see this revisiting mid 26,000 with the DOW. Expecting a turn upward in November.
+2 Reply
@BOtrades, alright
Reply
VIX 16H: XABCD 40% vola spike the FADE IT! (SL/TP)(NEW)
+1 Reply
Nice one! What if breaks 26,000 🤔
Reply
Nice and great overview!
Reply
@Trading2ez, perfect
Reply
Good forecast 🦐
Reply
ProjectSyndicate plancton0618
@plancton0618, excellent
+1 Reply
Good luck
Reply
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