I don't see the DJI breaking above the upper
resistance @ 24,500 . I would expect a retest
of support @ 24,100 - 23,600 range soon .
There are too many geopolitical factors
in play for the bulls to remain in control.
The rally in the dollar is causing havoc in
em markets who service debt in dollars.
The debt is the big problem along with
rising interest rates globally .
resistance @ 24,500 . I would expect a retest
of support @ 24,100 - 23,600 range soon .
There are too many geopolitical factors
in play for the bulls to remain in control.
The rally in the dollar is causing havoc in
em markets who service debt in dollars.
The debt is the big problem along with
rising interest rates globally .
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.