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Aug 24, 2020 8:27 PM

DOW JONES INDUSTRIAL AVERAGE / US30 / YM00 YEAR END ROADMAP  Long

US 30Currency.com

Description

Rally to February gap down before dip buying opportunity into new all time high 'and melt up' through elections into year end.

Comment

As predicted, dow rallies into feb gap down territory and subsequently selloff. Further downside is expected before aggressively election rally. Look for rotation into industrial as Republicans double down on infrastructure spending led recovery.

Comment

2nd target area hit and overran. Absence of near term stimulus coupled with strengthening USD may eliminate possibility of a strong rally into elections so i now look to sell rallies.
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