How Coronavirus looks on Dow Jones
Hello Traders,
First i will discuss with you about the coronavirus, Us have more casses than China right now (Sell Sign), unemployment claim is 3.2 million (Sell Sign), 2 trillion $ was injected in US (Buy Sign, but already gone).
Second, on Friday night was a fight at price 2200 and the price was violent on sell move, we can expect an Gap on monday when the Stock wake up. We have here a Shark Pattern, in my oppinion, the 61.8 Fibo is the first TP, and after that i expect a down trend.
What do you think?
Have a great day!
First i will discuss with you about the coronavirus, Us have more casses than China right now (Sell Sign), unemployment claim is 3.2 million (Sell Sign), 2 trillion $ was injected in US (Buy Sign, but already gone).
Second, on Friday night was a fight at price 2200 and the price was violent on sell move, we can expect an Gap on monday when the Stock wake up. We have here a Shark Pattern, in my oppinion, the 61.8 Fibo is the first TP, and after that i expect a down trend.
What do you think?
Have a great day!
Comment:
The gap was made, we have the retracement, is the moment to entry!
