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William-trading
Sep 7, 2022 3:43 AM

Dow - Further downside expected Short

E-mini Dow ($5) FuturesCBOT

Description

The gloomy outlook for the Dow is likely to head lower with the formation of a triple three corrective wave (WXYZ). Furthermore, we could observe the fractal pattern of Feb and July. And the fall should see a close below 30,000 if it plays out :/

Comment

33,000 is the key level to watch out for. I think it is highly possible to face some resistance.

Comment

The huge drawdown came earlier than expected. 33,000 was not even met:/
Comments
Tradersweekly
Thank you for your article.
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