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JoeChampion

US30 Potential Downsides

Corto
JoeChampion  
CURRENCYCOM:US30   None
Trend Analysis Beyond Technical Analysis Fundamental Analysis US30 dowjones SELL short Bearish Patterns Technical Analysis Indices Contains image
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trendanalysis beyondta fundamental us30 dowjones sell short bearish technicalanalysis indices containsimage
Hey Traders, US30 is trading in a downtrend and now seems to be in a correction phase in which it is approaching the major trend at 34000 Support and resistance zone. I would keep an eye on the Dollar to confirm the direction as USD does correlates negatively with stocks, and with the recent hawkish comments from different feds a strong dollar should push the indices lower.
Trade safe, Joe.
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