Us30 Analysis
Long overdue, but finally Bearish Reversal in markets have finally happened. I figured CPI would be the day of reversal, and if you've watched Dow Jones over some time you'd know once that change happens, it gives you a really strong move. And just from current price-point, I don't see any supporting structure to reverse this sell until we hit out 32.5K, which would be our Daily Support & Monthly low of December, and if the sell continues even further I'm considering 32K. I don't want to underestimate the strength of the Bearish Trend, but like i mentioned Bearish Markets have been long overdue, especially with feds plans plans to keep raising interest rates I wouldn't be surprised for a continuation.
This is just my personal opinion, Trade Safely!
This is just my personal opinion, Trade Safely!
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