Short term expanding wedge above larger expanding wedge. With high inflation data in US and possible interest rate rises, outlook and chart ripe for a short.
Confirmation over next few days, depending on sell volumes/news/interest rates etc etc.
DJI will likely retest and bounce/false breakout trend lines, be patient!
Short term short: SL: 36670 Entry: ~36090 TP1: 35630 TP2: 34794 TP3: 33934
Long term short: SL: 33513 Entry: ~32868 TP1: 29620 TP2: 26187 TP3: 19588
Comment
Prediction, playing out well. Need a few more weeks for the trends to play out.
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