Short
continuation of the Bear pressure on dj30
CURRENCYCOM:US30
The bears are to continue their hold on stock markets, as the global attention is now focused on inflation.
hiking rates by CBs and other monetary policies mixed with higher gas prices hints for a recession.
on the technical side holding of the bearish trendline with retracement from one of the 2 cluster areas is more likely in the short term.
short orders placed from:
1- 34400-34600
2- 35000-35200
targets:
1-32270
2-31250
stop loss:
36000
The bears are to continue their hold on stock markets, as the global attention is now focused on inflation.
hiking rates by CBs and other monetary policies mixed with higher gas prices hints for a recession.
on the technical side holding of the bearish trendline with retracement from one of the 2 cluster areas is more likely in the short term.
short orders placed from:
1- 34400-34600
2- 35000-35200
targets:
1-32270
2-31250
stop loss:
36000
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