EASYMARKETS:DOWUSD   US 30 (DOW) / US Dollar
Since May, Dow is topping, and yes, if you would have bought deeps in support you would have made money, but the overall structure is a topping one.
Looking at the increase in price, from 35000 to 36500 there is only 4% rise over 7 months, and also is clear that over 35k the index was sold.
Also, although I'm not usually anticipating a pattern, if Dow reverses from my sell zone, we will also have a nice H&S.
Anyway, I will look to sell this rally that we are in now and the ideal point would be around 35.5k
Only a new ATH would put a pause in my bearish outlook


🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.