Since last recession(2007-09) DJI have been growing steadily in last 10 years without any break.
All impulsive trends comes with pullback/recession/ and DJI is no such exception..
If dow jones cant hold above the redline (21640) we might see big down trend coming in markets which has already been started.
Few reason:
nasdaq.com/article/be-prepared-there-will-be-a-us-dollar-crisis-cm1028049
theguardian.com/business/2018/oct/03/world-economy-at-risk-of-another-financial-crash-says-imf
washingtonpost.com/opinions/the-247-trillion-global-debt-bomb/2018/07/15/64c5bbaa-86c2-11e8-8f6c-46cb43e3f306_story.html?noredirect=on&utm_term=.86f637e0dd9d
If recession comes then it would be a new opportunity in coming decade and can make you super rich and wealthy.But the question is will you be at the right side of the trend?
All impulsive trends comes with pullback/recession/ and DJI is no such exception..
If dow jones cant hold above the redline (21640) we might see big down trend coming in markets which has already been started.
Few reason:
nasdaq.com/article/be-prepared-there-will-be-a-us-dollar-crisis-cm1028049
theguardian.com/business/2018/oct/03/world-economy-at-risk-of-another-financial-crash-says-imf
washingtonpost.com/opinions/the-247-trillion-global-debt-bomb/2018/07/15/64c5bbaa-86c2-11e8-8f6c-46cb43e3f306_story.html?noredirect=on&utm_term=.86f637e0dd9d
If recession comes then it would be a new opportunity in coming decade and can make you super rich and wealthy.But the question is will you be at the right side of the trend?
Trade closed: stop reached
Stop.. Will update this again
Trade Setups for altcoins & bitcoin in discord private group.
discord.gg/rHQCMtNNZs
discord.gg/rHQCMtNNZs
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trade Setups for altcoins & bitcoin in discord private group.
discord.gg/rHQCMtNNZs
discord.gg/rHQCMtNNZs
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.