23,500 DOW JONES WILL BE THE BOTTOM.
Aggiornato
25,000 support level lost. There's a small gap from here on out which will nose dive us to 23,000 for support again. There has been TWO Head and Shoulders which have perfectly formed in the past 3 months and have caused downturns as expected. The newest of the TWO Head and Shoulders has finished forming a week ago and I believe it's halfway from being finished with the downtrend. The remaining downturn which is left to finish has been put in a range box. 23,500 is our last support from February's low of the correction we had earlier this year. I expect a bounce after we hit 23,500 back to 24,000 but who knows what the future will bring in this bear market. Long term looks ugly for the stock market.
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Broke downward channel, Today's bounce was better than I expected. But this upward trend will not last too many signs and news is going to come up in the next 2 weeks and Trump isn't helping with more global tensions at China and threatening companies.Nota
Still expecting to meet targets in the box still.Ordine annullato
CORRECTION NOT HAPPENING! JEROME POWELL SAVED US FROM THE FREE FALL.LOOK! INVERTED H&S BULL RUN COMING! DECEMBER WILL BE WHERE WE RECOVER.
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Next stop is 23,800Nota
20,000
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