If you like this idea, please support it with a like. Thank you.
US30 labeled in a Leading Diagonal within Intermediate (1) (blue), with a bearish sequence expected to start unfolding.Diagonal can still perform one more leg on the up-side, however, a breach of the lower trend-line (blue) would invalidate that scenario.
VIX could be on the verge of starting a spike.
This would lead towards a sell-off in Indices across the globe.
I was able to call the previous spikes as well, related ideas below says it all.
If you like this idea don't forget to give it a like! Thanks!
BIG ugly Bear is out and hungry ... time for the fear effect ...
Let's watch to see how this would look...
Looking for a big sell to happen however before that we want the 23% fib level to be hit in order to make this trade active.
we will be looking to see where price struggles and if the ascending triangle trend line is broken, if so this will give us an indication of a potential strong sell.
Lets see how the dow jones moves this week and hope we catch the bag...
26950 area is very important as this is an all time high price that I can almost guarantee you WILL NOT be broken any time soon.
It doesn't take a genius to work out why this level will not be broken... look at the muppet you have running the country he's like a spoilt little child running around a toy store running up debt and annoying people, The US is the most...
Recently we have seen the dow jones break and form new daily highs. We expect this to continue
with price heading into the all-time highs resistance. The previous daily highs could offer us
a decent support area and if price re-tests the highs we can look for a long opportunity.
I am waiting for a breakout to get in, there is higher value area above to reach today at US trading session. It is good to long US30@26200.00; Tp and Sl are to see on the depicted chart.
Looking at price reacting off of this trend line and going down into a large sell. seeing a lot of higher prices rejected and more volume towards selling right now, keeping my strategy clean and simple on us30. break retest and enter.
FOLLOW MY SOCIAL PAGES for more set ups and interaction!
Youtube Channel : Learn Interact Trade
Instagram : Vellly