Beware of Down Trend YM/MYM This Week

Appearing like we are hitting down trend on Dow futures. My targets are as follows:

Monday (12-14-20): 29830
Tuesday (12-15-20): 29770
Wednesday (12-16-20): 29718
Thursday (12-17-20): 29670
Friday (12-18-20): 29646

This down to sidewards trend is likely the scenario across markets for at least the near foreseeable future IMO.

Prepare accordingly : )

Kommentera:

wow went even lower than expected, we will see if there is any kind of bounce

Kommentera:

so far looking pretty spot on, new estimates are as follows; adjust due to OPEX this week

Tuesday 29801
Wednesday 29777
Thursday 29767
Friday 29766