DaddySawbucks

JUNE SWOON: RISING WEDGE BREAKOUT DOWN EXTREMELY BEARISH

Corto
DaddySawbucks Actualizado   
DJ:DJI   Índice Dow Jones Industrial Average
LOOK FOR CORRECTION TO CONTINUE AFTER A REACTION TO RETEST WEDGE TRENDLINE; STRONG RESISTANCE @25000 DOW.

LIKELY ~15-20% OVERALL CORRECTION FROM 26616 HIGH. TRADE WAR IS OVERRATED THIS PATTERN IS PRICE DRIVEN; LOOK AT BITCOIN; SAME PATTERN!

TRUE RECOVERY SOMETIME IN NOV-DEC AFTER MIDTERM ELECTIONS.

L@@K AT 2ND GRAPH ON THIS PAGE:

www.investopedia.com...y/charts/charts7.asp


Operación cerrada: objetivo alcanzado:
CALLED 24463 = HALF THE WEDGE; TARGET REACHED 24461 TODAY - NOT SHABBY.
LOOK FOR REACTION HIGH ~24975 STRONG RESIST @25K POSSIBLE PEAK ~JULY 6

NEXT LEG DOWN IN JULY WILL CARRY INDEX SIGNIFICANTLY LOWER, WHEN SELLING WAVE COMPLETED WILL RALLY TO A LOWER HIGH IN AUGUST THEN SHARPLY DECLINE IN SEPTEMBER
Operación cerrada: objetivo alcanzado:
Reaction rally started short squeeze ongoing expect test of trendline before moving lower in July
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