US Wall St 30Short
US30 4H
Dow Jones Analysis :
Introduction:
My previous analysis is here. As noted, while Nasdaq was predicted to be bullish, Dow Jones remained bearish. This contrast reflects the precision of price action analysis combined with a strong strategy that enables accurate market readings.
Main Scenarios:
The current trend remains bearish, and I expect the price to drop to 43530, where a potential reversal may occur.
Invalidation Level: A breakout and consolidation above 44500 will invalidate my analysis and signal a potential trend reversal.
Forecast and Strategy:
Short-Term Targets:
43350
42900
Upon reaching 43530, I will update the analysis to evaluate whether the market continues downward or reverses.
Closing:
As we approach the year-end, risk management becomes even more critical. Avoid entering trades without a solid plan.
For further updates, please like this analysis and share your thoughts in the comments.
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.