Big Short Ahead? We are getting closer to EMA 200 D!

We were able to ride the two big waves in in 2018. We anticipated the first correction wave in February and we dicussed the Head & Shoulder pattern in March. Before I decide on the next trade I would like to see that the DJI closes below the EMA 200 D. We might see a bumpy road ahead which might lead us to further lows. But it is pretty hard to say how low we will get. Historically it´s bewteen 10 - 15% in case of a simple correction. Nevertheless we should take into account that we are at the end of an economical cycle; implications are obivous.

Trade attivo