US30 After a break of the Bullish Trendline (in green dotted line) on the Daily timeframe that is in Bearish (directional) Market Bias, the bears dropped down from there. They may go further towards the S&R Zone to 45,772.
For the Remaining Week: A bullish pullback may happen for a retest of the trendline, whether the bulls touch the trendline or just get close. Afterwards, the bears can continue their descent in a greater way.
If there's no retest of the trendline, the bears will just drop down - potentially to fill the Gap Up with a candle close past 45,138.
DJI -> 32k is the target. Mass layoffs & AI replacement, wars, boomer retirement cashout, tumpenomics, revolutions, nationalization, stagflation. Things are going to get ugly. Rich get richer and the poor get…💩
US30 Getting Back on the See-Saw: On the Hourly, we still have the 3rd and last swing from the Popgun pattern, after this bull run is over.
A bearish drop down can be back towards the S&R Zone that begins at 46,136. Let's see if the bears can cross through it to even get to the bottom of the Zone that's at 45,951.
If the bears drop below the S&R Zone, then more moves to the downside. But if they can't reach it, then back up again.
US30 *Reminder: After this bull run is over on the Hourly, we'll see a pivot for the bears to swing Down as the final move of the Popgun pattern that's still in play.
For this bullish pullback, it can either be a shallow one or further up towards the mean reversion price, so the range is from 46,100 - 46,409. Afterwards, the market can swing back down.
US30 After a break of the Bullish Trendline (in green dotted line) on the Daily timeframe that is in Bearish (directional) Market Bias, the bears dropped down from there. They may go further towards the S&R Zone to 45,772.
