The DOW looks tired ... The lockdown increases risk of insolvency of American companies, an issue that the FED wasn't designed to resolve.
Commento:
On the daily timeframe, the DOW punched in a lower high then lower low. This is a bearish daily trend.
Commento:
Bearish Head and shoulders confirmed --- should get interesting.
Commento:
This trade is invalidated if Dow closes above 25k
Commento:
Dow is just below 25k ... looks like the Central Bankers have decided to elevate prices?