SHORT DJIA
EXPECT COMPLETION OF ABCDE TRIANGLE AND RETEST OF SUPPORT AT ~24241 BEFORE BREAKOUT TO UPSIDE THEN CRASH. LOWER VOLUME CAN BE SEEN COMPARED TO THE JANUARY ABCDE TRIANGLE FORMATION. THIS IS BECAUSE GLOBAL CAPITAL INFLOWS TO US MARKET ARE DECREASING AND MORE INVESTORS ARE RUN TO THE DOLLAR FOR PROTECTION WHICH IN TURN CAUSES DEFLATION. EXPECT THE BOND MARKET YIELD CURVE STARTING TO START INVERTING SOME TIME NEXT YEAR SIGNALING A MARKET CRASH AND COMMODITIES TO INCREASE IN PRICE.
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.