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PortfolioBuildersClub
Mar 13, 2020 2:39 AM

US30 (Dow) - Can 21500 hold or will we sink to 18282? Short

US Wall St 30OANDA

Description

US30 (DOW) - if price cannot recover, the next target is 18282 (I don't want to believe it either, but the charts don't lie.) . Expect volatility and retracements. Use lower timeframes for tighter entry. Also have protective stops in place cause, in this market, anything can happen. This kind of drop is historic. We haven't seen a weekly bear candle like this since the 2008 crash maybe. Fortunes will be made in the fall and the recovery! Now is the time to take Action. At this point, we can expect the government to step in and try to save the market by buying in or lowering interest rates. But we don't need all that. We can just look at the charts and see what happens. Market Structure, you can't make this up.
Comments
Rickysil
Do you think i should buy us 30 now?
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