3 - Bearish Set-ups – VIX Rise – Indices
Dow Jones is currently retesting a significant trend-line on which it previously gained support, leading towards bullish outcomes. A breach of this trend-line could drastically implement a bearish sequence.
Breach scenario: Double Three pattern within an Expanding Flat, which could result in a bearish impulse.
Support scenario: Running Flat structure, which could result in a bullish impulse and a possible bull-market resumption.
Breach scenario: Double Three pattern within an Expanding Flat, which could result in a bearish impulse.
Support scenario: Running Flat structure, which could result in a bullish impulse and a possible bull-market resumption.
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