Adding onto my recent post, we started to finally began to see the start of another Bullish Run for Us30. And we also finally got the break of the Daily Trend line which gives me more confidence to see the Buy to continue. But there's only a matter of time before we start to see things reverse especially with the Fed's plan to raise interest rates another .25 which would be bad for the Us economy. After this break of the Daily Trend, i see 2 possible Resistance points from here. 34.3K Daily Resistance, next 34.6K which is a Daily Resistance as well as a Monthly Resistance, which more than likely will overall give us a stronger move to the downside. CPI is set to release Tuesday, and depending on the pieces of info that are to release that day, including interest rates. I wouldn't be surprised for this day to be the start of the Reversal.
This is just my personal idea, Trade Safely!
This is just my personal idea, Trade Safely!
