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ShrewdCatfx

Stock Market March 23' ⚔️ Long Vs. Short

Short
Dow Jones Industrial Average Index (CURRENCYCOM:US30)  
ShrewdCatfx Updated   
CURRENCYCOM:US30   Dow Jones Industrial Average Index
Trend Analysis Chart Patterns Fundamental Analysis Stocks stockmarketanalysis stocktrading stockmarkets economy US30 usindex index ideas
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trendanalysis chartpattern fundamental stocks stockmarketanalysis stocktrading stockmarkets economy us30 usindex index ideas
Well , just as any other chart, we must keep things simple. Price has made a new Low after Ranging for 120 days/4 Months. There is Liquidity Built up in the market. If we maintain bearish momentum then we will see 31,198 very soon. Price is testing 32,082 at the moment. We may return to the low from OCT 22' due to clean traffic on the weekly timeframe and plenty of fundamental reasons to be concerned about. 32,082 must hold for bulls or we are falling off a cliff here.
Trade active:
Price pulled back, as one of our potential scenarios posted 2 weeks ago. We pulled back to 32,826 Daily Level which coincidentally aligned almost perfectly with FOMC isnt that funny. Our target now is 31,198

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